Fair value for financial instruments – where to next?
Abstract
Proposals for fair value measurement of all financial instruments in company financial statements have been subject to significant criticism. This article reviews the responses to the latest international proposals – those of the “Financial Instruments Joint Working Group of standard setters”. It concludes by recommending that the next steps to be taken in exploring this issue, rather than immediate standard setting, should be rigorous testing of the proposals with users and preparers of financial statements.
Keywords
Citation
Hague, I. (2002), "Fair value for financial instruments – where to next?", Balance Sheet, Vol. 10 No. 1, pp. 8-11. https://doi.org/10.1108/09657960210697346
Publisher
:MCB UP Ltd
Copyright © 2002, Authors