Fair Value Accounting, Historical Cost Accounting, and Systemic Risk
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...
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| Huvudupphov: | , , , |
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| Materialtyp: | Online |
| Språk: | engelska |
| Utgiven: |
RAND Corporation
2023
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| Ämnen: | |
| Länkar: | ONIX_20231005_9780833083661_1001 |
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| _version_ | 1869524365008175104 |
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| author | Greenberg, Michael D. Helland, Eric Clancy, Noreen Dertouzos, James N. |
| author_browse | Clancy, Noreen Dertouzos, James N. Greenberg, Michael D. Helland, Eric |
| author_facet | Greenberg, Michael D. Helland, Eric Clancy, Noreen Dertouzos, James N. |
| author_sort | Greenberg, Michael D. |
| collection | Directory of Open Access Books |
| 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. |
| format | Online |
| id | doab-20.500.12854ir-115227 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2023 |
| publishDateRange | 2023 |
| publishDateSort | 2023 |
| publisher | RAND Corporation |
| publisherStr | RAND Corporation |
| record_format | ojs |
| spelling | doab-20.500.12854ir-1152272024-03-30T02:53:19Z Fair Value Accounting, Historical Cost Accounting, and Systemic Risk Greenberg, Michael D. Helland, Eric Clancy, Noreen Dertouzos, James N. Finance Law History thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFK Banking thema EDItEUR::N History and Archaeology::NH History::NHK History of the Americas thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNP Financial law: general::LNPB Banking law 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. 2023-10-05T10:28:56Z 2023-10-05T10:28:56Z 2013 book ONIX_20231005_9780833083661_1001 9780833083661 9780833082121 https://directory.doabooks.org/handle/20.500.12854/115227 eng image/jpeg n/a https://www.jstor.org/stable/10.7249/j.ctt5hhv55 RAND Corporation 10.7249/j.ctt5hhv55 10.7249/j.ctt5hhv55 47ac0b54-b121-491c-a9c8-5ca6776e27cb 9780833083661 9780833082121 open access |
| spellingShingle | Finance Law History thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFK Banking thema EDItEUR::N History and Archaeology::NH History::NHK History of the Americas thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNP Financial law: general::LNPB Banking law Greenberg, Michael D. Helland, Eric Clancy, Noreen Dertouzos, James N. Fair Value Accounting, Historical Cost Accounting, and Systemic Risk |
| title | Fair Value Accounting, Historical Cost Accounting, and Systemic Risk |
| title_full | Fair Value Accounting, Historical Cost Accounting, and Systemic Risk |
| title_fullStr | Fair Value Accounting, Historical Cost Accounting, and Systemic Risk |
| title_full_unstemmed | Fair Value Accounting, Historical Cost Accounting, and Systemic Risk |
| title_short | Fair Value Accounting, Historical Cost Accounting, and Systemic Risk |
| title_sort | fair value accounting historical cost accounting and systemic risk |
| topic | Finance Law History thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFK Banking thema EDItEUR::N History and Archaeology::NH History::NHK History of the Americas thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNP Financial law: general::LNPB Banking law |
| topic_facet | Finance Law History thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry::KFFK Banking thema EDItEUR::N History and Archaeology::NH History::NHK History of the Americas thema EDItEUR::L Law::LN Laws of specific jurisdictions and specific areas of law::LNP Financial law: general::LNPB Banking law |
| url | ONIX_20231005_9780833083661_1001 |
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