The broad consensus before the recent financial crisis was that the so called fair value accounting (FVA) improves transparency contrary to the historical cost

This book presents the views of accounting educators, accounting education policy-makers, and accounting practitioners from across the world on the challenging

Since 1998, the world’s leading experts on accounting and regulation have convened in a series of workshops to explore and analyze emerging issues in the fiel

We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three