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Search - Fair Value Accounting, Historical Cost Accounting, and Systemic Risk: Policy Issues and Options for Strengthening Valuation and Reducing Risk

Fair Value Accounting, Historical Cost Accounting, and Systemic Risk: Policy Issues and Options for Strengthening Valuation and Reducing Risk
Fair Value Accounting Historical Cost Accounting and Systemic Risk Policy Issues and Options for Strengthening Valuation and Reducing Risk
Author: Michael D. Greenberg, Eric Helland, Noreen Clancy, James N. Dertouzos
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...  more »
ISBN-13: 9780833082121
ISBN-10: 0833082124
Publication Date: 10/15/2013
Pages: 108
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Publisher: RAND Corporation
Book Type: Paperback
Members Wishing: 0
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