Procyclicality and Fair Value Accounting

Released on by Juan Sole
preview-18

  • Procyclicality and Fair Value Accounting Book Detail

  • Author : Juan Sole
  • Release Date : 2009-03-01
  • Publisher : INTERNATIONAL MONETARY FUND
  • Genre :
  • Pages : 40
  • ISBN 13 : 9781451871876
  • File Size : 41,41 MB
DOWNLOAD BOOK

Procyclicality and Fair Value Accounting by Juan Sole PDF Summary

Book Description: In light of the uncertainties about valuation highlighted by the 2007-2008 market turbulence, this paper provides an empirical examination of the potential procyclicality that fair value accounting (FVA) could introduce in bank balance sheets. The paper finds that, while weaknesses in the FVA methodology may introduce unintended procyclicality, it is still the preferred framework for financial institutions. It concludes that capital buffers, forward-looking provisioning, and more refined disclosures can mitigate the procyclicality of FVA. Going forward, the valuation approaches for accounting, prudential measures, and risk management need to be reconciled and will require adjustments on the part of all parties.

Disclaimer: www.yourbookbest.com does not own Procyclicality and Fair Value Accounting books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Procyclicality and Fair Value Accounting

Procyclicality and Fair Value Accounting

File Size : 15,15 MB
Total View : 981 Views
DOWNLOAD

In light of the uncertainties about valuation highlighted by the 2007-2008 market turbulence, this paper provides an empirical examination of the potential proc

Fair Value Accounting and Procyclicality

Fair Value Accounting and Procyclicality

File Size : 82,82 MB
Total View : 9177 Views
DOWNLOAD

In what ways can changes to the structure of regulation (as well as other regulatory reforms) mitigate the effects of policies which trigger financial instabili