Sunday, September 03, 2006

BIS on fair value

Great timing! The Bank for International Settlements (BIS) has just published a series of four papers on fair value accounting:
  • 208: Including estimates of the future in today's financial statements
  • 209: Fair value accounting for financial instruments: some implications for bank regulation
  • 210: Institution-specific value
  • 211: Do accounting changes affect the economic behaviour of financial firms?

  • Why is this great timing, you may wonder? Well, it is very useful material for my upcoming presentation at the World Standard Setters Meeting in London on 26 September.

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