The shortcomings of fair-value accounting described in SFAS 157

By G. Benston. 2008

216 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/54637cbba47ecf0b39edacc87f0c663c739c1f8f

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In Accounting

1. R. Stacchezzini
2. A. Lai
3. G. Melloni

In Strategy and Management

1. G. Melloni
2. R. Stacchezzini
3. A. Lai

Citations in the corpus

• Did Fair-Value Accounting Contribute to the Financial Crisis? (2010, unknown): “But the amount of debt that can be obtained by collateralized borrowing depends on the 1 For summaries of the pros and cons of fair-value accounting and further references, we refer readers to Landsman (2007), Penman (2007), Benston (2008), Ryan (2008), SEC (2008a), and Laux and Leuz (2009).”
• Market pricing of banks’ fair value assets reported under SFAS 157 since the 2008 financial crisis (2015, unknown): “In practice, there are a variety of practical difficulties in implementing fair value accounting even under the best market conditions (e.g., Benston, 2008).”
• The tone of business model disclosure: an impression management analysis of the integrated reports (2015, background): “This led to reframe BM as an alternative criterions for choosing the appropriate measurement approach (ICAEW 2010) and a growing number of accounting scholars have concentrated their attention on the appropriateness of using BMs as a ‘‘basis for measurement’’ (e.g. Penman 2007; Brougham 2012).1 Scep”