Financial Crisis and the Fair Value Debate
(2009)Department of Business Administration
- Abstract
- Using a case study of comment letters, our purpose is to examine the debate about fair value in accounting which has arisen in the context of the current financial crisis. Methodology: We followed a rather qualitative approach while developing a flow chart in order to categorize and analyze our empirical material. Empirical foundation: Case Study through Analysis of Comment Letters.
Conclusion: The major conclusion that can be drawn from the study is that there is no strong relationship between the main groups and the opinion groups. The different views rather depend on specific industries. All the different opinion groups share the main view that fair value accounting needs improvements and major changes. These views and the expert... (More) - Using a case study of comment letters, our purpose is to examine the debate about fair value in accounting which has arisen in the context of the current financial crisis. Methodology: We followed a rather qualitative approach while developing a flow chart in order to categorize and analyze our empirical material. Empirical foundation: Case Study through Analysis of Comment Letters.
Conclusion: The major conclusion that can be drawn from the study is that there is no strong relationship between the main groups and the opinion groups. The different views rather depend on specific industries. All the different opinion groups share the main view that fair value accounting needs improvements and major changes. These views and the expert debate can easily be looked at as a way to add to the already existing political pressures. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1438419
- author
- Håkansson, Magnus ; Alijagic, Sejla and Patel, Jignasa
- supervisor
- organization
- year
- 2009
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- Management of enterprises, SFAS No. 157, Procyclicality, Comment Letters, Fair Value, Financial Crisis, Företagsledning, management
- language
- Swedish
- id
- 1438419
- date added to LUP
- 2009-06-09 00:00:00
- date last changed
- 2012-04-02 17:35:10
@misc{1438419,
abstract = {{Using a case study of comment letters, our purpose is to examine the debate about fair value in accounting which has arisen in the context of the current financial crisis. Methodology: We followed a rather qualitative approach while developing a flow chart in order to categorize and analyze our empirical material. Empirical foundation: Case Study through Analysis of Comment Letters.
Conclusion: The major conclusion that can be drawn from the study is that there is no strong relationship between the main groups and the opinion groups. The different views rather depend on specific industries. All the different opinion groups share the main view that fair value accounting needs improvements and major changes. These views and the expert debate can easily be looked at as a way to add to the already existing political pressures.}},
author = {{Håkansson, Magnus and Alijagic, Sejla and Patel, Jignasa}},
language = {{swe}},
note = {{Student Paper}},
title = {{Financial Crisis and the Fair Value Debate}},
year = {{2009}},
}