1st Edition
The Routledge Companion to Fair Value and Financial Reporting
Part 1: What is Fair value
Introduction: the nature of fair value (PW)
The IASC and the increasing use of fair value (Chris Nobes - Reading U)
The case for fair value (Diana Willis - FASB)
The FASB/IASB measurement standard (Linda MacDonald - FASB)
The case against fair value (E&Y?)
Part 2 Theoretical analysis
Fair value in the 19th century (Jacques Richard - Dauphine U)
Recent history of fair value (David Alexander - Birmingham U)
Trying to change the measurement basis in financial reporting - the rise and fall of current cost
Moving the recognition boundary (PW)
How reliable are values based on models?
Fair value and capital markets (Mary Barth – IASB/Stanford)
The future of fair value (Warren McGregor - IASB)
Alternatives to fair value (Geoff Whittington)
Part 3 Fair value in practice
Fair value and the analyst ( CFA Inst)
The preparer and fair value (Jon Symonds - Astrazeneca)
Auditing fair value (Big Four author)
Fair value and financial instruments (John Smith – IASB & Deloitte)
Finding fair value in thin markets/developing countries
The insurance industry and fair value (Gabbi Ebbers - Allianz)
Fair value and banks (Douglas Flint - HSBC)
Pension accounting and fair value
Lease accounting and fair value
Part 4 Country analysis
FV in the USA (US academic)
FV in Australia (Kevin Stevenson - PwC)
FV in France (Francoise Flores - Mazars/EFRAG)
Fair value in Germany (Liesel Knorr - GASB)
EFRAG and fair value (Paul Ebling - EFRAG)
Can fair value be used in Japan?
Fair value in a developing country: the case of Malaysia
Biography
Peter Walton Ph.D. FCCA is a researcher and journalist specialised in international accounting. He is a director of the ESSEC-KPMG Financial Reporting Chair at ESSEC Business School and editor of World Accounting Report (published by informa) and Accounting in Europe (published by Taylor & Francis).
