Naslov
Challenges in Applying the Fair Value Accounting During Financial Crisis

Autori
Gulin, Danimir ; Hladika, Mirjana

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

Izvornik
The Publications of the MultiScience - XXX microCAD International Multidisciplinary Scientific Conference / - Miskolc : University of Miskolc, 2016, 1-8

ISBN
978-963-358-113-1

Skup
MultiScience - XXX. microCAD International Multidisciplinary Scientific Conference

Mjesto i datum
Miskolc, Mađarska, 21.04.2016. - 22.04.2016

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
fair value hierarchy ; determination of fair value ; financial crisis

Sažetak
Global financial crisis has made deep evidence and the consequences on the global financial market. This paper is focused on analyzing the use of fair value accounting in those business circumstances and in challenging economic times. Since the financial crisis started, and most of markets become illiquid, fair value accounting and its application in measurement of assets and liabilities, has been a topic of considerable debate. As the illiquidity of certain assets became more severe, financial institutions and other business entities turned increasingly to model-based valuations (level 2 and level 3 inputs). Through the comprehensive literature review, this paper analyzes how fair value accounting was influenced on the global financial crisis.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA