Fair-value Accounting Provides Much Needed Transparency in Dislocated Markets

Authors

Knowledge@SMU

Publication Type

Journal Article

Publication Date

11-2008

Abstract

In the current global financial turmoil, more transparency is needed, not less, say Singapore Management University professor of accounting Andrew Lee and accounting lecturer Lim Chu Yeong. While some critics argue that fair-value accounting is partly to blame and should be suspended, in a recent commentary Lee and Lim made the case for fair-value accounting as having an important role to play in providing timely and relevant information to investors.

Disciplines

Accounting | Business | Finance and Financial Management

Copyright Owner and Holder

Copyright © Singapore Management University 2012

Licece/Creative Commons Licence

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.

Article ID

1170

Subject(s)

Finance and Accounting

Citation

Knowledge@SMU. Fair-value Accounting Provides Much Needed Transparency in Dislocated Markets. (2008).
Available at: https://ink.library.smu.edu.sg/ksmu/49