Analysis of International Accounting Regulations with Regards to Fair Value
Abstract
Unifying the economical-financial information at an international level represents today,
within the context of the globalization and integration of the financial markets around
the world, an important and urgent demand. One of the coordinates of accounting
globalization is the fair value based valuation system. This tendency arises from the
contents of international accounting standards and from the progress of world-wide
regulating practice. The economic and market events of the past years have highlighted
the importance of fair value measurements used in financial statements and have
emphasized the need for consistency and comparability in those measurements in
financial statements prepared around the globe.
Collections
- 2010 fascicula1 nr1 [40]