Fair value Readings

Fair Value Reporting - Assignment

Benston, GJ; Fair-Value Accounting- A Cautionary Tale From Enron

James Cataldo and Morris McInnes SFAS 159 The Fair Value Option

FAS 157 FAS 157 2PP 1 FAS 157 2PpS 2

FAS 159 FAS 159 2Pp
820-Fair-Value-Measurements-and-Disclosures
 

 

Early adoption of FAS 159 to take advantage of a perceived "free pass"

BDO-Deadline-Approaching-for-Entities-Planning-Early-Adoption-of-FAS-159

Deloitte - Accounting Alert FAS 159 07-5

Deloiitte Accounting Alert FAS 159 07-5

Early Adoption of SFAS No. 159 - Elaine Henry

The FAS 159 Mulligan

 

 

April 09 Readings: Congressional interference and pressure on accounting regulation

Emergency Economic Stabilization Act of 2008  2PpS

SEC Study on Mark-To-Market Accounting, April 2, 2009 Board Meeting 

FASB: Determining whether a market is not active and a transaction is not distressed

FASB: FSP FAS 157-e.pdf

U.S. Bancorp (USB); Look at page 133 for AfS reporting

Banks Get New Leeway in Valuing Their Assets

Congress-Pressures-FASB-to-Revise-Mark-to-Market

Congress-Helped-Banks-Defang-Key-Rule

 

 

Sept 2008 Crisis Readings

SEC Office FASB Clarifications on Fair Value Accounting FOR IMMEDIATE RELEASE 2008-234, Sept. 30, 2008

SEC Letter Sent to Public Companies on MD&A Disclosure Regarding the Application of SFAS 157 (Fair Value Measurements), September 2008

FSP 157-3 Determining the Fair Value of a Financial Asset When the Market for That Asset

FASB-Understanding-the-Issues


 

BDO-FairValue-Questions and Answers-9-07-4

Blackstone-Tests-Fairness-of-Using-'Fair-Value'-Rule

Columbia-Principles-for-the-Application-of-Fair-Value-Accounting

Don't Blame Mark-to-Market for Banks' Problems

Fair-Value’s-‘How’-Meets-‘When'

Fair value accounting - Understanding the issues - Ryan

Fair Value Reporting - CFA

Fair Value Accounting - AEI

FASB 157 upgrades the quality of financial reporting

Fitch - Analytical Implications of SFAS 157 and 159

Gauging the Worth of 'Market Value'

James Cataldo and Morris McInnes SFAS 159 The Fair Value Option

Mark to Meltdown?  

MBIA's Book-Value View

Pay Attention to That Window Behind the Curtain

PWC - DataLine 2006-25 FASB Standard On Fair Value Measurements

PWC - DataLine 2007-12 Implementation of FAS 157 -- Fair Value Measurements Guidance

PWC - Guide to Fair Value Measurement (February 28, 2008, 206 pages)

PWC - Ignore Financial Reporting Valuation at Your Own Risk

PWC - PwC Survey Measuring Assets and Liabilities -- Investment Professionals' Views

Ten-Arguments-Against-Mark-To-Market

The Gold at Crunch's End When a Loss Is a Gain

Wave of Write-Offs Rattles Market

Will-Fair-Value-Fly-CFO