Critically evaluate the claimed procyclical role of fair value accounting. How persuasive are arguments that fair value

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Critically evaluate the claimed procyclical role of fair value accounting. How persuasive are arguments that fair value accounting’s procyclicality should be used as an argument to reduce the use of fair value accounting?

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Financial Accounting Theory

ISBN: 9780071013147

4th Edition

Authors: Craig Deegan, H. Bierman

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