Fair value accounting and corporate debt structure
Sign Up to like & getrecommendations! Published in 2017 at "Advances in Accounting"
DOI: 10.1016/j.adiac.2017.02.002
Abstract: In this study, we examine the impact of fair value accounting on corporate debt structures, i.e., debt conversion privilege and maturity term. We argue that fair value accounting affects agency conflicts between debtholders and shareholders… read more here.
Keywords: fair value; debt structure; value accounting; debt ... See more keywords
The effect of fair value accounting on the performance evaluation role of earnings
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Accounting and Economics"
DOI: 10.1016/j.jacceco.2020.101341
Abstract: Abstract We study the effect of fair value accounting on the association between net income and cash pay following the 2005 worldwide adoption of IFRS. We find that, while IFRS's non-fair-value provisions are associated with… read more here.
Keywords: value accounting; fair value; value; effect fair ... See more keywords
Foreign-language effect and professionals’ judgments on fair value measurement: Evidence from Germany and the United Kingdom
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Behavioral and Experimental Finance"
DOI: 10.1016/j.jbef.2021.100478
Abstract: Abstract International Financial Reporting Standards (IFRS) have been developed in an attempt to minimize the differences in accounting practices across countries. These standards are developed in English and translated into other local languages. However, if… read more here.
Keywords: professionals judgments; finance; foreign language; fair value ... See more keywords
The Effects of Fair Value Reporting on Corporate Foreign Exchange Exposures
Sign Up to like & getrecommendations! Published in 2017 at "Research in International Business and Finance"
DOI: 10.1016/j.ribaf.2016.07.037
Abstract: We analyze the effects of fair value reporting standards (FVR) SFAS 133 and IAS 39 on foreign exchange (FX) exposures of U.S. multinational firms. We observe reductions in FX exposures to developed market currencies that… read more here.
Keywords: fair value; foreign exchange; value reporting; effects fair ... See more keywords
The fair value of a token: How do markets price cryptocurrencies?
Sign Up to like & getrecommendations! Published in 2020 at "Research in International Business and Finance"
DOI: 10.1016/j.ribaf.2019.101108
Abstract: Abstract With the rise of cryptocurrency tokens as a new asset class, the question of the fair evaluation of a cryptocurrency token has become a question of increasing importance. We estimate the pricing kernel with… read more here.
Keywords: fair value; risk; specific risk; risk factors ... See more keywords
Challenges in auditing fair value measurement and accounting estimates
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Financial Reporting and Accounting"
DOI: 10.1108/jfra-01-2019-0002
Abstract: Purpose Following the issuance of International Financial Reporting Standard 13 on fair value measurement (which became operational from January 2013), this study aims to investigate post-implementation challenges in the audit of fair value measurement and… read more here.
Keywords: accounting estimates; fair value; value measurement; value ... See more keywords
Study on Conditional Conservatism Within Fair Value Measurements Based on Anti-discount Expectations
Sign Up to like & getrecommendations! Published in 2022 at "Frontiers in Psychology"
DOI: 10.3389/fpsyg.2022.923055
Abstract: As a rapidly growing emerging capital market, China has attracted the attention of both investors and scholars. To alleviate the expectation of external users of listed companies’ financial statements to “discount” items in levels 2… read more here.
Keywords: conditional conservatism; levels fair; listed companies; fair value ... See more keywords
Pricing of fair value instruments reported under International Financial Reporting Standards 7: South African setting
Sign Up to like & getrecommendations! Published in 2019 at "South African Journal of Economic and Management Sciences"
DOI: 10.4102/sajems.v22i1.2345
Abstract: Background: Prior literature established that different fair value levels disclosed in terms of the International Financial Reporting Standards (IFRS) 7 are value relevant.Setting: This study investigates the market pricing of the different fair value levels, as well… read more here.
Keywords: financial reporting; fair value; international financial; value levels ... See more keywords
Historical cost vs fair value in forest accounting: the case of Lithuania
Sign Up to like & getrecommendations! Published in 2018 at "Entrepreneurship and Sustainability Issues"
DOI: 10.9770/jesi.2018.6.1(5)
Abstract: The accounting methods based on two concepts - accounting at historical cost and accounting at fair value - are responsible for the provision of information about the enterprise’s assets in the financial statements. Taking into… read more here.
Keywords: fair value; accounting methods; cost; accounting ... See more keywords