Fair value: actuarial accounting for the markets... or for the accountants?
Jerman, Lambert (2013-06), Fair value: actuarial accounting for the markets... or for the accountants?, 4th Annual Workshop of Financial Reporting, 2013-06, Rome, Italie
TypeCommunication / Conférence
Titre du colloque4th Annual Workshop of Financial Reporting
Date du colloque2013-06
Ville du colloqueRome
Pays du colloqueItalie
MétadonnéesAfficher la notice complète
Résumé (EN)Fair value accounting under IAS-IFRSs is often presented as market accounting that results from expression of the financial requirements of business management and accounting practice. By showing that fair value has the features of actuarial accounting, and is the product of a conceptual shift made necessary by the contemporary context and thus in dissonance with certain aspects of current accounting practice, this article demonstrates that fair value accounting in fact represents an opportunity for the international accounting standard-setter, seen as a legitimate body for European standardisation, and for financial statement preparers as regards financial statement users, by creating new margins of discretion for them. To support this argument, the article particularly emphasises that fair value, because it corresponds to actuarial accounting, brings about a surplus of information for investors without actually raising the transparency of financial reporting.
Mots-clésJuste valeur; Fair value
JELM41 - Accounting
Affichage des éléments liés par titre et auteur.
The concept of fair value in French and German accounting regulations from 1673 to 1914 and its consequences for the interpretation of the stages of development of capitalist accounting Richard, Jacques (2005-08) Article accepté pour publication ou publié
André, Paul; Cazavan-Jeny, Anne; Dick, Wolfgang; Richard, Chrystelle; Walton, Peter (2009) Article accepté pour publication ou publié