The concept of "fair value" marked a major departure from traditional cost accounting. In theory, under this approach a balance sheet that better reflects the c

Comprising contributions from a unique mixture of academics, standard setters and practitioners and edited by and internationally recognized expert, this book i

Comprising contributions from a unique mixture of academics, standard setters and practitioners, and edited by an internationally recognized expert, this book,

Financial accounting, reporting and regulation is a vast subject area of huge global importance, with interest rising significantly in the light of the ongoing

Financial accounting theory has numerous practical applications and policy implications, for instance, international accounting standard setters are increasingl