Revaluation issues in financial reporting: case of financial instruments
Revaluation issues in financial reporting: case of financial instruments
Author(s): Jiří StrouhalSubject(s): Recent History (1900 till today), International relations/trade, Financial Markets, Accounting - Business Administration
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: financial reporting; fair value; historical costs; international harmonization;
Summary/Abstract: During last 30 years financial reporting faced the shifting of the measurement bases from traditional concept of historical costs towards fair value concept. Numerous critics stress their attention on the problem of fair value measurement as one of the major factors of current crisis. This paper summarizes pros and cons or this reporting base.
Journal: Analele Ştiinţifice ale Universităţii »Alexandru Ioan Cuza« din Iaşi. Ştiinţe economice
- Issue Year: 57/2010
- Issue No: 1
- Page Range: 41-49
- Page Count: 9
- Language: English
