9. Fair Value Accounting: Policy Issues Raised by the Credit Crunch

  1. Viral V. Acharya and
  2. Matthew Richardson
  1. Stephen G. Ryan

Published Online: 9 JAN 2012

DOI: 10.1002/9781118258163.ch9

Restoring Financial Stability: How to Repair a Failed System

Restoring Financial Stability: How to Repair a Failed System

How to Cite

Acharya, V. V. and Richardson, M. (2009) Fair Value Accounting: Policy Issues Raised by the Credit Crunch, in Restoring Financial Stability: How to Repair a Failed System, John Wiley & Sons, Inc., Hoboken, NJ, USA. doi: 10.1002/9781118258163.ch9

Publication History

  1. Published Online: 9 JAN 2012
  2. Published Print: 9 MAR 2009

ISBN Information

Print ISBN: 9780470499344

Online ISBN: 9781118258163

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Keywords:

  • fair value accounting;
  • financial reporting;
  • U.S. generally accepted accounting principles;
  • financial accounting standards board;
  • financial system

Summary

This chapter contains sections titled:

  • Introduction

  • Overview of Fair Value Accounting versus the Alternatives Abstracting from the Credit Crunch

  • FAS 157's Measurement Guidance

  • Potential Criticisms of Fair Value Accounting During the Credit Crunch

  • Notes