Fair Value Disclosures By Bank Holding Companies
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Author | : Mr.Luc Laeven |
Publisher | : International Monetary Fund |
Total Pages | : 43 |
Release | : 2009-09-01 |
Genre | : Business & Economics |
ISBN | : 1451873549 |
This paper shows that banks use accounting discretion to overstate the value of distressed assets. Banks' balance sheets overvalue real estate-related assets compared to the market value of these assets, especially during the U.S. mortgage crisis. Share prices of banks with large exposure to mortgage-backed securities also react favorably to recent changes in accounting rules that relax fair-value accounting, and these banks provision less for bad loans. Furthermore, distressed banks use discretion in the classification of mortgage-backed securities to inflate their books. Our results indicate that banks' balance sheets offer a distorted view of the financial health of the banks.
Author | : United States. Department of the Treasury |
Publisher | : |
Total Pages | : 780 |
Release | : 1991 |
Genre | : Banking law |
ISBN | : |
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
Author | : James Don Edwards |
Publisher | : Amer Bankers Assn |
Total Pages | : 493 |
Release | : 1991 |
Genre | : Business & Economics |
ISBN | : 9780899823713 |
Author | : |
Publisher | : |
Total Pages | : 38 |
Release | : 2009 |
Genre | : Banks and banking |
ISBN | : |
Author | : |
Publisher | : Lulu.com |
Total Pages | : 294 |
Release | : 2004 |
Genre | : Bank capital |
ISBN | : 9291316695 |
Author | : D. M. Hawkins |
Publisher | : Cambridge University Press |
Total Pages | : 384 |
Release | : 1982-04-22 |
Genre | : Mathematics |
ISBN | : 9780521243681 |
Multivariate methods are employed widely in the analysis of experimental data but are poorly understood by those users who are not statisticians. This is because of the wide divergence between the theory and practice of multivariate methods. This book provides concise yet thorough surveys of developments in multivariate statistical analysis and gives statistically sound coverage of the subject. The contributors are all experienced in the theory and practice of multivariate methods and their aim has been to emphasize the major features from the point of view of applicability and to indicate the limitations and conditions of the techniques. Professional statisticians wanting to improve their background in applicable methods, users of high-level statistical methods wanting to improve their background in fundamentals, and graduate students of statistics will all find this volume of value and use.
Author | : International Accounting Standards Board |
Publisher | : |
Total Pages | : 104 |
Release | : 2006 |
Genre | : Business & Economics |
ISBN | : |
Author | : |
Publisher | : |
Total Pages | : 708 |
Release | : 1934 |
Genre | : Banks and banking |
ISBN | : |
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 16 |
Release | : 2020-02-19 |
Genre | : Business & Economics |
ISBN | : 1513530704 |
In a response to a request from the G20 IFA Working Group, this note provides a framework for public lenders and borrowers to assess collateralized financing practices from a development perspective. The work of the IMF and World Bank suggests that the availability of collateralized financing can be beneficial to a developing country borrower under a range of circumstances, but also points to pitfalls.