Author(s): Fernandes, João Daniel Almeida
Date: 2010
Persistent ID: http://hdl.handle.net/10362/206316
Origin: Repositório Institucional da UNL
Subject(s): Fair Value; Financial Statements; Historical Cost; Value Relevance
Document details
Fair Value: A Literature Review
Description
IASB and FASB are cooperating to converge into a full fair value accounting system, as “ordered” by financial statements users. The purpose of this literature review is to see if we are ready for this convergence. In this literature review I performed a description of the history, evolution and application of fair value, analyzed the different concepts and problems existing to measure fair value, and also took a look on value relevance of fair value. I suggest that full fair value model could be achievable despite the uncertainty related to the concept and lack of active markets for all assets.
Document Type
Master thesis
Language English
Contributor(s) RUN; Pais, Cláudio
CC Licence
Language English
Contributor(s) RUN; Pais, Cláudio
CC Licence
