Question
Challenges of Fair Value accounting Use the articles posted in Canvas to summarize the fair value accounting challenges. (Banking Crisis and Fair Value Accounting Project;
Challenges of Fair Value accounting
- Use the articles posted in Canvas to summarize the fair value accounting challenges. (Banking Crisis and Fair Value Accounting Project; and Fair Value Accounting and Reliability)
- Use the banking crisis to highlight these challenges.
- Discuss the future of Fair value accounting by examining the prospects of FASB's fair accounting project.
B. Historical Cost Accounting Challenges
- Discuss four challenges based on the video we discussed in class. https://www.youtube.com/watch?reload=9&v=EbCIy-6nzsk
- Use these challenges to compare the usefulness of any two balance sheets, one from any services industry and the other from a utility or manufacturing industry.
C. Summarize how you would solve this dilemma.
links: https://www.cpajournal.com/2016/07/06/fair-value-accounting-reliability/
https://www.google.com/search?client=safari&rls=en&q=banking+crisis+and+fair+value+accounting+cch+editorial+staff+publication&ie=UTF-8&oe=UTF-8
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Mathematical Statistics With Applications In R
Authors: Chris P. Tsokos, K.M. Ramachandran
2nd Edition
124171133, 978-0124171138
