Fair value accounting: the shortcomings Find and read the following article: Benston, (mathbf{G}) 2008, 'The shortcomings of
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Fair value accounting: the shortcomings Find and read the following article: Benston, \(\mathbf{G}\) 2008, 'The shortcomings of fair value accounting described in SFAS 157', Journal of Accounting and Public Policy, vol. 27, no. 2, March-April, pp. 101-14.
Required
Summarise Benston's main criticisms of fair value accounting in the United States and discuss if they are also applicable to AASB 13/IFRS 13.
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Financial Reporting
ISBN: 9780730396413
4th Edition
Authors: Janice Loftus, Ken Leo, Sorin Daniliuc, Belinda Luke, Hong Nee Ang, Mike Bradbury, Dean Hanlon, Noel Boys, Karyn Byrnes
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