 | | | | |
| |
| | | | |
|
|
| | Fair Value Accounting: It's Time is Now | | May 26 - 26 2010 |
It is time to evaluate fair value accounting objectively by returning to the conceptual roots of our modern accounting framework and debunking certain false doctrines. Analyzing the conceptual integrity of fair value compared to historic cost accounting demonstrates the clear superiority of fair value measurement and reporting. True capital adequacy can only be ascertained on a risk-adjusted basis. The starting point for such needed and sound risk-adjustment is reflecting changes in market values for all assets and liabilities to determine the economic value of equity.
Full fair value accounting…its time has come! | | | | |
|
|
| |
