Naslov
Accounting valuation of financial assets in Croatia

Autori
Pepur, Petar ; Mladineo, Luka ; Laća, Stjepan

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Young Science AIESA 2009 Participation of Phd students and young scientific workers on building of society based on knowledge / - Bratislava : Economics in Bratislava, 2009

ISBN
978-80-225-2800-9

Skup
VI. International Scientific Conference AIESA – Building of Society based on knowledge

Mjesto i datum
Bratislava, Slovačka, 18.09.2009

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
financial assets ; accounting ; valuation

Sažetak
The new Financial Accounting Standard (FAS) 157-4 issued by the Financial Accounting Standards Board (FASB) of USA on April 2, 2009 allows companies to use more leeway in valuing their assets under "mark-to-market" accounting. This change still requires financial institutions to mark transactions to market prices but more so in a steady market and less when the market is inactive. Such changes could significantly boost bank statements of earnings and loses. Inspired by this change in valuation of financial assets in USA accounting, in this paper we analyze the current situation in accounting valuation of financial assets in Croatia. In the first part of the paper we will take a look at Croatian accounting legislation and in the second part we will define financial assets according to Croatian law and explore which accounting standards are stringed with financial assets and its impact on the financial result. Finally, in the last part we will look in future perspectives of the development of accounting valuation of financial assets in Croatia.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA