Fair or not? Fair value measurement in the sub-prime crisis

被引：0
|
作者：
Robinson, David [1 ]
Hronsky, Jane [2 ]
机构：
[1] Ernst & Young, London, England
[2] Univ Melbourne, Melbourne, Vic, Australia
来源：
JASSA-THE FINSIA JOURNAL OF APPLIED FINANCE | 2008年 / 04期
关键词：
D O I：
暂无
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Fair value accounting has come under significant scrutiny in the wake of the sub-prime mortgage market crisis and subsequent global liquidity crisis. Commentators have questioned whether current market prices are consistent with the definition of fair value in Australian accounting standards, or whether current market prices are more indicative of distressed sales. We argue that these prices do indeed represent fair values and convey useful information for market participants.
引用
收藏
页码：76 / 80
页数：5
相关论文
共 50 条
  • [1] Considerations on Fair Value Measurement Originated from Sub-Prime Mortgage Crisis
    Zhang Zhiying
    PROCEEDINGS OF THE 6TH INTERNATIONAL CONFERENCE ON INNOVATION AND MANAGEMENT, VOLS I AND II, 2009, : 917 - 920
  • [2] The sub-prime mortgage crisis and the changing value of cash
    Adjei F.
    Journal of Economics and Finance, 2011, 35 (1) : 79 - 92
  • [3] Losers and the Sub-Prime Mortgage Crisis
    Cline, Andrew R.
    POVERTY & PUBLIC POLICY, 2009, 1 (02):
  • [4] Inflation bows to sub-prime crisis
    ENR, 2007, 22 (26-28):
  • [5] Fair Value Measurement under Financial Crisis
    Chen Shoude
    Yang Yifei
    PROCEEDINGS OF THE 6TH INTERNATIONAL CONFERENCE ON INNOVATION AND MANAGEMENT, VOLS I AND II, 2009, : 680 - 687
  • [6] The Sub-Prime Crisis and UK Monetary Policy
    Martin, Christopher
    Milas, Costas
    INTERNATIONAL JOURNAL OF CENTRAL BANKING, 2010, 6 (03): : 119 - 144
  • [7] The Fair Value in Crisis
    Kueting, Karlheinz
    Lauer, Peter
    BETRIEBSWIRTSCHAFTLICHE FORSCHUNG UND PRAXIS, 2009, 61 (06): : 547 - 567
  • [8] Will Sub-Prime be a Twin Crisis for the United States?
    Dooley, Michael P.
    Folkerts-Landau, David
    Garber, Peter M.
    REVIEW OF INTERNATIONAL ECONOMICS, 2009, 17 (04) : 655 - 666
  • [9] Basel II, Regulation and the Sub-Prime "Crisis"
    Taylor, Michael W.
    GLOBALIZATION AND SYSTEMIC RISK, 2009, 6 : 429 - 436
  • [10] From tulip bulbs to sub-prime mortgages examining the sub-prime crisis The case for a systemic approach
    Stephens, Alan
    Atwater, J.
    Kannan, Vijay
    LEARNING ORGANIZATION, 2013, 20 (01): : 65 - 84
12345