Fair Value Accounting, Historical Cost Accounting, and Systemic Risk : Policy Issues and Options for Strengthening Valuation and Reducing Risk

• Autore: Greenberg Michael D. <1969->
• Pubblicazione: RAND Corporation, 2013
• Descrizione fisica: 1 online resource
• Soggetto topico: Banking law; Banking; History of the Americas
• Soggetto non controllato: Finance; History; Law
• Persona (resp. second.): HellandEric; ClancyNoreen; DertouzosJames N. <1950->
• Nota di contenuto: Introduction -- 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.
• Sommario/riassunto: 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.
• Altri titoli varianti: Fair Value Accounting, Historical Cost Accounting, and Systemic Risk
• Titolo autorizzato: Fair value accounting, historical cost accounting, and systemic risk
• ISBN: 9780833083661; 083308366X
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910220149103321
• Lo trovi qui: Univ. Federico II