{"product_id":"is-fair-value-fair-isbn-9780470850282","title":"Is Fair Value Fair?","description":"The failure of current mechanisms to either predict the collapse of various companies or curb corrupt practises has kept the subject of external reporting to the fore. \u003ci\u003eIs Fair Value Fair? Financial Reporting in an International Perspective\u003c\/i\u003e contains contributions from many highly-respected individuals involved in external reporting, regulation and standard setting. Their contributions discuss the future of  \u003cul\u003e \u003cli\u003eregulation\u003c\/li\u003e \u003cli\u003eapplication of standards\u003c\/li\u003e \u003cli\u003esupervision\u003c\/li\u003e \u003cli\u003eaudit\u003c\/li\u003e \u003c\/ul\u003e Current trends are discussed, as are ways in which the current regulatory environment could be improved.  \u003cp\u003eWith the new IFRS regulations coming into force in 2005, financial reporting is set toface radical changes. \u003ci\u003eIs Fair Value Fair?\u003c\/i\u003e fully prepares readers for these changes and is an invaluable tool for corporate financiers and institutional investors with an interest in the regulatory environment.\u003c\/p\u003e \u003cp\u003e \u003c\/p\u003eDie aktuelle externe Finanzberichterstattung war wiederholt nicht in der Lage, den Zusammenbruch verschiedener Unternehmen vorherzusagen, oder korrupte Praktiken einzudämmen. Deshalb genießt das Thema externe Berichterstattung nach wie vor oberste Priorität.\u003cbr\u003e \u003cbr\u003e \"Is Fair Value Fair?\" behandelt die externe Finanzberichterstattung aus internationaler Sicht.\u003cbr\u003e \u003cbr\u003e Mit Beiträgen vieler angesehener Experten aus den Bereichen Externe Berichterstattung, Entwicklung von Vorschriften, Verordnungen und Standards.\u003cbr\u003e \u003cbr\u003e Sie diskutieren hier die Zukunft von Vorschriften, Anwendung von Standards, Überwachung und Prüfung.\u003cbr\u003e \u003cbr\u003e Aktuelle Trends werden ebenso behandelt wie Möglichkeiten zur Verbesserung der aktuellen Regelungen.\u003cbr\u003e \u003cbr\u003e Die neuen IFRS-Regelungen, die 2005 in Kraft treten, werden die verschiedenen Methoden der Finanzberichterstattung radikal verändern.\u003cbr\u003e \u003cbr\u003e Dieses Buch bereitet Sie optimal auf die anstehenden Änderungen vor und ist ein unverzichtbarer Ratgeber für Unternehmensinvestoren und institutionelle Investoren.  About the Editors.  \u003cp\u003eList of Abbreviations.\u003c\/p\u003e \u003cp\u003eIntroduction (W. Verhoog).\u003c\/p\u003e \u003cp\u003e1. Is fair value fair: Expert opinions on financial reporting from an international perspective: brief impressions (W. Verhoog).\u003c\/p\u003e \u003cp\u003ePart I The future of international accounting.\u003c\/p\u003e \u003cp\u003eThe model of Black and Scholes is like Newtonian physics before Einstein was born (R. Elliott).\u003c\/p\u003e \u003cp\u003eCurrent US accounting issues (N. Strauss).\u003c\/p\u003e \u003cp\u003ePart II Regulations and regulators.\u003c\/p\u003e \u003cp\u003eWe have to produce one set of unified high-quality global standards (D. Tweedie).\u003c\/p\u003e \u003cp\u003eEFRAG: a new force to be reckoned with in the reporting field (J. Van Helleman).\u003c\/p\u003e \u003cp\u003eNot partial, but full application of IAS (L. van der Tas).\u003c\/p\u003e \u003cp\u003eIAS and the European Union (K. van Hulle).\u003c\/p\u003e \u003cp\u003eIAS and legislation (J. Klaassen).\u003c\/p\u003e \u003cp\u003eShifting towards an Anglo-Saxon perspective on rules (E. Eeftink).\u003c\/p\u003e \u003cp\u003eUniform rules are important, but they must not block the view (J. den Hoed).\u003c\/p\u003e \u003cp\u003ePart III Supervision and compliance.\u003c\/p\u003e \u003cp\u003eTowards a new supervisory landscape (P. Koster).\u003c\/p\u003e \u003cp\u003eThe Enterprise and Companies Court as supervisory body (J. Willems), \u0026amp;l t;p\u0026gt; Globalisation is OK, as long as it takes account of Dutch culture (M. van Hoepen).\u003c\/p\u003e \u003cp\u003eEnforcement of IAS is crucial for the realisation of a global standard for financial reporting (R. Vergoossen).\u003c\/p\u003e \u003cp\u003ePart IV IAS and the users of financial statements.\u003c\/p\u003e \u003cp\u003eUnambiguous rules, timely reports and close supervision (P. de Vries).\u003c\/p\u003e \u003cp\u003eThe supervisory director: striking the right balance (P. van den Hoek).\u003c\/p\u003e \u003cp\u003eInsurers are lagging behind (L. Traas).\u003c\/p\u003e \u003cp\u003eDouble Dutch in financial reporting: highly flexible = extremely judgemental? (H. Langendijk).\u003c\/p\u003e \u003cp\u003eThe auditor is gratefully back on his pedestal (P. Lakeman).\u003c\/p\u003e \u003cp\u003ePart V Fair Value Accounting.\u003c\/p\u003e \u003cp\u003eThe irrepressible advance of Fair Value Accounting (M. Hoogendoorn).\u003c\/p\u003e \u003cp\u003eFrom profit smoothing to a true and fair presentation of profits at insurance companies and pension funds (A. Oosenbrug).\u003c\/p\u003e \u003cp\u003eIntroduction of Fair Value Accounting: little if any haste (K. Storm).\u003c\/p\u003e \u003cp\u003eFair Value Accounting will result in less transparency and more volatility in banks' financial reporting (B. Bruggink).\u003c\/p\u003e \u003cp\u003eFinancial statements are a result of policy and not a factor informing policy (J. Groeneveld).\u003c\/p\u003e \u003cp\u003eFinancial reporting and the search for truth (D. Swagerman).\u003c\/p\u003e \u003cp\u003eWarning signals about the application of fair value for financial instruments (T. O'Malley and P. Hofsté).\u003c\/p\u003e \u003cp\u003ePart VI \u003ci\u003eCapita selecta\u003c\/i\u003e: external financial reporting and law.\u003c\/p\u003e \u003cp\u003eIAS: right or wrong? (H. Beckman).\u003c\/p\u003e \u003cp\u003ePart VII External financial reporting and new-economy companies.\u003c\/p\u003e \u003cp\u003eThe valuation of new-economy companies (A. de Bos).\u003c\/p\u003e \u003cp\u003ePart VIII International financial reporting by governments.\u003c\/p\u003e \u003cp\u003eIPSAS and financial reporting by the Dutch government (A. Bac).\u003c\/p\u003e \u003cp\u003ePart IX The relationship between management accounting and financial accounting.\u003c\/p\u003e \u003cp\u003eInteraction between internal and external reporting (E. Vosselman).\u003c\/p\u003e \u003cp\u003ePart X Business combination accounting.\u003c\/p\u003e \u003cp\u003eA creative approach to mergers and acquisitions (J. Blommaert).\u003c\/p\u003e \u003cp\u003eEpilogue: toward a single global reporting system.\u003c\/p\u003e \u003cp\u003eIndex.\u003c\/p\u003e \"…this is a timely and useful book…\" (Professional Investor, May 2003)  \u003cb\u003eProfessor Henk Langendijk\u003c\/b\u003e is currently professor of external financial reporting at Nyenrode University and professor of external financial reporting at the University of Amsterdam. He has lectured in finance at the University of Amsterdam since 1980 and previously worked at BDO and Arthur Anderson. He has contributed articles to various financial journals as well as written a number of books in the field of financial accounting. He is a member of the Advisory Council of the Limperg Instituut. In addition, he is editor-in-chief of the magazine \u003ci\u003eAccounting\u003c\/i\u003e, editor of \u003ci\u003eAccountant-Adviseur\u003c\/i\u003e and a member of the VERA steering committee on financial reporting.  \u003cp\u003e\u003cb\u003eProfessor Dirk Swagerman\u003c\/b\u003e is currently with Deloitte and Touche in Amsterdam, having gained a master's degree in business administration at Michigan State University. In 1991\/1992 he qualified as Master of Business Telecommunications at the University of Delft. He is also involved with the business departments at Twente University\u003c\/p\u003e \u003cp\u003e\u003cb\u003eWillem Verhoog\u003c\/b\u003e has been the Secretary of Royal NIVRA's Continuing Professional Education Committee (VERA) since 1976. He has enabled VERA to develop a CPE package with more than 100 seminars and 1000 participants each year. He is editor-in-chief of the monthly \u003ci\u003eVERA Actueel\u003c\/i\u003e journal, editorial board member of 30 different NIVRA publications, and is co-author of 7 books prior to this effort\u003c\/p\u003e  NIVRA's membership comprises approximately 13,000 registeraccountants, working in positions in which the quality of information and reporting is paramount. NIVRA's task is to advance the quality of the professional services provided by registeraccountants, both for the public good and to foster registeraccountants' own mutual interests.  \u003cp\u003eThe book arose out of Dutch NIVRA's Committee for the Continuing Professional Education of Registeraccountants (VERA).\u003c\/p\u003e  The failure of current mechanisms to either predict the collapse of various companies or curb corrupt practises has kept the subject of external reporting to the fore. \u003ci\u003eIs Fair Value Fair? Financial Reporting in an International Perspective\u003c\/i\u003e contains contributions from many highly-respected individuals involved in external reporting, regulation and standard setting. Their contributions discuss the future of  \u003cul\u003e \u003cli\u003eregulation\u003c\/li\u003e \u003cli\u003eapplication of standards\u003c\/li\u003e \u003cli\u003esupervision\u003c\/li\u003e \u003cli\u003eaudit\u003c\/li\u003e \u003c\/ul\u003e Current trends are discussed, as are ways in which the current regulatory environment could be improved.  \u003cp\u003eThe new IFRS regulations coming into force in 2005 are set to radically change the various methods of financial reporting. \u003ci\u003eIs Fair Value Fair?\u003c\/i\u003e fully prepares readers for these changes and is an invaluable tool for corporate financiers and institutional investors with an interest in the regulatory environment.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989479538917,"sku":"NP9780470850282","price":163.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470850282.jpg?v=1761784268","url":"https:\/\/k12savings.com\/products\/is-fair-value-fair-isbn-9780470850282","provider":"K12savings","version":"1.0","type":"link"}