LEADER 00969nam0-22003011i-450- 001 990004338600403321 005 20050405110332.0 035 $a000433860 035 $aFED01000433860 035 $a(Aleph)000433860FED01 035 $a000433860 100 $a19990604d1971----km-y0itay50------ba 101 0 $aita 105 $ay-------001yy 200 1 $aSecond abstract of british historical statistics$fby B. R. Mitchell and H. G. Jones 210 $aCambridge$cCambridge University press$d1971. 215 $aIX, 227 p.$d26 cm 225 1 $aMonographs$fUniversity of Cambridge. Department of applied economics$v18 676 $a310.021$v21$zita 700 1$aMitchell,$bB. R.$0122449 702 1$aJones,$bHamlyn G. 801 0$aIT$bUNINA$gRICA$2UNIMARC 901 $aBK 912 $a990004338600403321 952 $a310.02 MIT 1 (18)$bI.st.r.c.661$fFLFBC 959 $aFLFBC 996 $aSecond abstract of british historical statistics$9486872 997 $aUNINA LEADER 02301oam 2200493z- 450 001 9910220149103321 005 20231005 010 $a9780833083661 010 $a083308366X 035 $a(CKB)3360000000476940 035 $a(oapen)doab115227 035 $a(EXLCZ)993360000000476940 100 $a20160215c2013uuuu -u- - 101 0 $aeng 135 $aurmn|---annan 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 00$aFair Value Accounting, Historical Cost Accounting, and Systemic Risk$ePolicy Issues and Options for Strengthening Valuation and Reducing Risk 210 $cRAND Corporation$d2013 215 $a1 online resource 311 08$a9780833082121 311 08$a0833082124 327 $aIntroduction -- Background: The Debate over FVA and HCA -- Systemic Risk and Accounting Approaches -- Accounting Standards and Prudential Regulation -- Lessons from Historical Episodes Involving Accounting Standards, Systemic Risk, and Financial Crisis -- Implementation and Risk: The Challenges to Doing FVA and HCA Well -- Conclusion and Policy Options -- Appendix: An Overview of HCA and FVA. 330 $aIn 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. 517 $aFair Value Accounting, Historical Cost Accounting, and Systemic Risk 606 $aBanking law$2bicssc 606 $aBanking$2bicssc 606 $aHistory of the Americas$2bicssc 610 $aFinance 610 $aHistory 610 $aLaw 615 7$aBanking law 615 7$aBanking 615 7$aHistory of the Americas 700 $aGreenberg$b Michael D.$f1969-$0863719 702 $aHelland$b Eric 702 $aClancy$b Noreen 702 $aDertouzos$b James N.$f1950- 712 02$aRAND Center for Corporate Ethics and Governance, 906 $aBOOK 912 $a9910220149103321 996 $aFair value accounting, historical cost accounting, and systemic risk$92885389 997 $aUNINA