Fair Value Accounting, Historical Cost Accounting, and Systemic Risk: Policy Issues and Options for Strengthening Valuation and Reducing Risk
Book Details
Publisher
RAND Corporation
ISBN / ASIN
0833082124
ISBN-13
9780833082121
Availability
Usually ships in 24 hours
Sales Rank
#4,858,384
Marketplace
United States 🇺🇸
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Description
In the wake of the 2008 financial crisis, conflicting arguments have been made about fair value accounting (FVA) versus historical cost accounting (HCA) and the role that each played in the crisis. This report examines the relationship between both types of accounting practices and systemic risk in the financial sector, providing recommendations on how FVA and HCA can both be improved.
