Π‘ΡΠ΄ΡΡΠΆΠ°Π½ΠΈΠ΅ΡΠΎ Π½Π΅ Π΅ Π½Π°Π»ΠΈΡΠ½ΠΎ Π½Π° Π±ΡΠ»Π³Π°ΡΡΠΊΠΈ Π΅Π·ΠΈΠΊ.
Andrew Haralambous
- 29 April 2004
- OCCASIONAL PAPER SERIES - No. 13Details
- Abstract
- Accounting standard setters are considering the wider use of fair value accounting. This paper focuses on the financial stability implications of a move in the banking sector from the current accounting framework to full fair value accounting. A simulation exercise is performed on how various external shocks affect the balance sheet of an average European bank under the two frameworks. The paper further investigates the impact of the alternative framework on the main balance sheet items, and the interaction with banks
- JEL Code
- G14 : Financial EconomicsβGeneral Financial MarketsβInformation and Market Efficiency, Event Studies, Insider Trading
G21 : Financial EconomicsβFinancial Institutions and ServicesβBanks, Depository Institutions, Micro Finance Institutions, Mortgages
G28 : Financial EconomicsβFinancial Institutions and ServicesβGovernment Policy and Regulation
M41 : Business Administration and Business Economics, Marketing, AccountingβAccounting and AuditingβAccounting