August 2011
Accountancy Ireland;Aug2011, Vol. 43 Issue 4, p17
Trade Publication
The article discusses the potential significance of the rebranding of the term fair value in helping overcome the debate over such term during the global economic crisis. It mentions the factors which caused the financial crisis including the lack of consistency in fair value measurement and fair value rules. On that note, the International Accounting Standards Board (IASB) and the U.S.-based Financial Accounting Standards Board (FASB) have issued the guidance entitled "Fair Value Measurement."


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