Ethics Is Imperative to Effective Fair Value Reporting: Weaving Ethics Into Fair Value.
Review of Business, 2010, Spring, 30, 2
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Publisher Description
Executive Summary The use of fair value measurement in accounting has been a source of concern for accountants and auditors, legislators, regulators and market participants. The role of fair value measurement (also known as "mark to market" accounting) in precipitating the near-collapse of financial markets in 2008 has been debated by Congress, the Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB), among others.
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