Financial Instruments

Financial Instruments
Author: International Accounting Standards Committee
Publisher:
Total Pages: 96
Release: 1998
Genre: Accounting
ISBN:

Accounting and Valuation Guide

Accounting and Valuation Guide
Author: AICPA
Publisher: John Wiley & Sons
Total Pages: 605
Release: 2019-09-16
Genre: Business & Economics
ISBN: 1948306638

Developed for preparers of financial statements, independent auditors, and valuation specialists, this guide provides nonauthoritative guidance and illustrations regarding the accounting for and valuation of portfolio company investments held by investment companies within the scope of FASB ASC 946, Financial Services —Investment Companies, (including private equity funds, venture capital funds, hedge funds, and business development companies). It features16 case studies that can be used to reason through real situations faced by investment fund managers, valuation specialists and auditors, this guide addresses many accounting and valuation issues that have emerged over time to assist investment companies in addressing the challenges in estimating fair value of these investments, such as: Unit of account Transaction costs Calibration The impact of control and marketability Backtesting

The Decision Usefulness of Additional Fair Value Disclosures

The Decision Usefulness of Additional Fair Value Disclosures
Author: Theresa Herrmann
Publisher: Springer
Total Pages: 189
Release: 2018-12-28
Genre: Business & Economics
ISBN: 3658248327

Conducting an experiment Theresa Herrmann investigates why nonprofessional investors fail to incorporate disclosures on fair value estimates into their investment decision and what causes this exclusion. Differentiating between different types of disclosures and the development of the fair value (gain vs. loss) the results indicate that with a fair value gain, none of the disclosure information increases decision usefulness, irrespective of the presentation format. When a fair value loss occurs, fair value disclosures presented in a salient presentation format decrease decision usefulness. Thus, investors have varying information needs that are strongly linked to the development of a firm’s key asset.

Report and Recommendations Pursuant to Section 133 of the Emergency Economic Stabilization Act Of 2008

Report and Recommendations Pursuant to Section 133 of the Emergency Economic Stabilization Act Of 2008
Author: Barry Leonard
Publisher: DIANE Publishing
Total Pages: 259
Release: 2010-11
Genre: Business & Economics
ISBN: 143792512X

In 2008, the Emerg. Econ. Stabilization Act was signed into law. It mandates a study on mark-to-market accounting standards as provided by Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, Fair Value Measure. (SFAS 157). SFAS 157 does not itself require mark-to-market or fair value (FV) accounting. Rather, other accounting standards require what is more broadly known as FV, of which mark-to-market accounting is a subset. SFAS 157 defines FV, estab. a framework for measuring FV in generally accepted accounting principles, and requires expanded disclosures about FV measurements. This report considered the issue of FV accounting, incl. both mark-to-market accounting and SFAS 157.

IFRS 2

IFRS 2
Author: International Accounting Standards Board
Publisher:
Total Pages: 58
Release: 2004
Genre: Accounting
ISBN:

Understanding Accounting Academic Research

Understanding Accounting Academic Research
Author: Stephen R. Moehrle
Publisher: Emerald Group Publishing
Total Pages: 298
Release: 2013-06-25
Genre: Business & Economics
ISBN: 1781907641

Accounting scandals such as Enron and WorldCom ushered in several regulatory overhauls including Sarbanes-Oxley. This monograph summarizes and synthesize a decade of academic research to develop an evolving dominant explanation around these myriad changes.

WILEY Interpretation and Application of International Financial Reporting Standards 2010

WILEY Interpretation and Application of International Financial Reporting Standards 2010
Author: Barry J. Epstein
Publisher: John Wiley & Sons
Total Pages: 1345
Release: 2010-02-05
Genre: Study Aids
ISBN: 0470453222

Your one-stop resource for understanding current International Financial Reporting Standards With widespread acceptance and use of the IASB standards around the globe, the need to understand the IASB standards greatly increases. Wiley IFRS 2010 provides the necessary tools for understanding the IASB standards and offers practical guidance and expertise on how to use and implement them. The Wiley IFRS 2010 Book and CD-ROM set covers the most recent International Financial Reporting Standards (IFRS) and IFRIC interpretations. In addition, it is an indispensable guide to IFRS compliance. Detailed coverage of all previously issued IAS and IFRS standards and Standing Interpretations Committee (SIC) and International Financial Reporting Interpretations Committee (IFRIC) Equally valuable for preparers, auditors, and users of financial reports Provides a complete explanation of all IFRS requirements, coupled with copious illustrations of how to apply the rules in complex, real-world fact situations Serves as a reference guide during actual implementation of IFRS and preparation of IFRS-based financial statements To optimize your understanding, both examples created to explain particular IFRS requirements and selections from actual published financial statements are provided throughout the book, illustrating all key concepts.