Since 2014
FAIR VALUE ACCOUNTING under FAS 157 and IFRS 13: EVIDENCE from BOR
GSTF Journal on Business Review
View Archive Info| Field | Value | |
| Title |
FAIR VALUE ACCOUNTING under FAS 157 and IFRS 13: EVIDENCE from BOR
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| Creator |
Kaya, Assist. Prof. Dr. C. T.
Türegün, N. |
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| Description |
Among the traditional models to value financialinstruments, mixed model is generally employed. Mixedmodel uses both fair value and historical cost calculationswhere the instruments held for trading are valued atmarket price; and the rest are recorded at their historicalcost. In contrast to this model, fair value method suggests thatthe financial instruments are recorded at their marketvalue. Aim of this paper is to review the widespreadapplication of fair value in accounting under FAS 157 andIFRS 13 with regard to its application to financialinstruments; and to compare historical cost accounting withfair value accounting by providing evidence from BorsaIstanbul (formerly known as Istanbul Stock Exchange). |
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| Publisher |
GSTF Journal on Business Review (GBR)
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| Date |
2017-12-29
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://dl6.globalstf.org/index.php/gbr/article/view/779
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| Source |
GSTF Journal on Business Review (GBR); Vol 3 No 2 (2014): Journal on Business Review (GBR)
2251-2888 2251-2888 |
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| Language |
eng
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| Relation |
http://dl6.globalstf.org/index.php/gbr/article/view/779/720
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| Rights |
Copyright (c) 2014 GSTF Journal on Business Review (GBR)
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