The following information was submitted:
Transactions: INTERNATIONAL JOURNAL of MATHEMATICAL MODELS AND METHODS IN APPLIED SCIENCES
Transactions ID Number: 17-215
Full Name: Dana Dvorakova
Position: Associate Professor
Age: ON
Sex: Female
Address: University of Economics Prague, W. Churchill Square 4, 130 67 Prague 3
Country: CZECH REPUBLIC
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E-mail address: ddvorak@vse.cz
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Title of the Paper: "Lucky" IFRS 13: Good Solution for Fair Value Issues?
Authors as they appear in the Paper: Dana Dvorakova
Email addresses of all the authors: ddvorak@vse.cz
Number of paper pages: 8
Abstract: Solution of measurement issues is one of the key problems analyzed within current research in financial theory. There may be seen a conflict between the requirements for relevance and timeliness of measurement on one side and the reliability and conclusive evidence on the other side. Accounting theory and practice has developed quite a wide range of possible approaches to the measurement in accounting. In the interest of reliability, clarity, and comparability of accounting data measurement is a significant part of the regulation of accounting both at the national level and within international accounting harmonization. This paper is an analytical study based on comparison of different approaches to fair value. The last very important result of the accounting measurement harmonization was adopting IFRS 13 - Fair Value Measurement in May 2011. The objective of IFRS 13 is to unify the approaches to determining fair value under IFRSs. The aim of this paper is to offe!
r a comprehensive evaluation of advantages, disadvantages and risks that this standard brings.
Keywords: measurement, fair value, historical cost, accounting, assets, liabilities
EXTENSION of the file: .pdf
Special (Invited) Session: Developments in Fair Value Measurement: Some IFRS 13 View
Organizer of the Session: 658-347
How Did you learn about congress: Jiri Strouhal (strouhal@vse.cz), Marie Pasekova (pasekova@fame.utb.cz), Lenka Krupova (lkrupova@ifrs.org)
IP ADDRESS: 78.45.42.95
