Quotidien finance innovation, innovation financière journal
Financial Year with Finyear
 
 
 
 


              

What investment professionals say about financial instrument reporting


The global financial crisis underscored the profound challenges in financial instrument accounting, prompting the two leading accounting standards boards to get together in 2008 to address these issues and search for simplicity and consistency. However, they have been moving in separate directions. Now research conducted by PwC has provided another forum for a cross-section of a key stakeholder group – the investors and analysts – to add to this critical debate.




The Financial Accounting Standards Board (FASB) proposes that all financial instruments are reported at fair value, including bank loans and deposits; the International Accounting Standards Board (IASB) seeks to retain some of the existing financial instruments accounting model that uses a combination of fair value and amortized cost, depending on the nature of the financial instrument.

PwC surveyed a geographically diverse sample of investors and analysts to gain a better understanding of their perspectives on accounting and reporting for financial instruments. The findings offer insight into the use of financial instrument information in their analytical processes. The goal was not to establish definitive conclusions, but to capture and present views held by a variety of investment professionals.

The resulting report offers many interesting perspectives on financial instrument accounting and reporting.

Source: PricewaterhouseCoopers

Download this PwC publication :
www.pwc.com/us/en/cfodirect/redirects/061410-financial-instruments-reporting-pdf.html?wt.ac=CFOdirectPDF_Financial-Instruments-Study

Mercredi 30 Juin 2010
Notez




Nouveau commentaire :
Twitter

Your email address will not be published. Required fields are marked *
Votre adresse de messagerie ne sera pas publiée. Les champs obligatoires sont indiqués avec *



Recevez la newsletter quotidienne


évènements


Lettres métiers


Livres Blancs




Blockchain Daily News