CFA Institute Blogs
Vincent Papa, PhD, CFA, examines the link between sovereign debt and bank risk; capital requirements for the banking industry; the need to improve transparency for derivatives; and other systemic risk issues relating to banks. Read more
Leave a Comment
There is little question that, in the wake of the credit crisis (think Lehman Brothers and the AIG bailout) and the MF Global debacle, advance warnings about a company’s failing financial health would be welcomed by investors. One such warning … Read more
Leave a Comment
Mohini Singh, ACA, examines why fair value is the most relevant measurement basis for all real estate properties — not just investment properties, as proposed by FASB. Read more
Leave a Comment
While CFA Institute believes that the FASB and IASB proposals for investment company accounting are a step in the right direction, digging into the details of the proposed changes uncovers some problematic issues. Read more
Leave a Comment
In the aftermath of the financial crisis, we saw protests against the use of fair value to measure financial instruments as well as complaints regarding how fair value measurements were derived. Sandra Peters, CFA, examines how regulators are responding to concerns. Read more
Leave a Comment
Did Bank of America have a profit or loss in 2011? Finding the answer requires digging into the company’s financial reports. While the net income stares you down on the face of the income statement, the loss hides behind a curtain known as “comprehensive income.” But that is about to change. Read more
Leave a Comment
As New Year’s resolutions are contemplated around the world, we have one suggestion for the accounting standard setters — let this not be a year of moving one step forward and then two steps back when it comes to serving … Read more
Leave a Comment
On 9 December, CFA Institute took part in a roundtable on financial institutions risk disclosure that attracted more than 70 participants and observers from constituencies considered pivotal in shaping observed financial reporting practices. They included accounting and audit standard setters, … Read more
Leave a Comment
The last 10 years have seen wide-ranging and intense activity on the accounting standard-setting front, including the convergence project to reduce existing differences between international accounting standards and U.S. GAAP as well as financial crisis-related projects. The last decade has … Read more
Leave a CommentOn 20 September, CFA Institute conducted a webcast on “The Current State of Accounting and Reporting for Financial Instruments.” Aimed at providing an investor-focused overview of FASB and IASB projects on financial instrument accounting, the discussion comes at a time … Read more
Leave a Comment