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Fair Value
Decoding the HKEX IPO Consultation: Our Key Takeaways
CFA Institute and CFA Society Hong Kong respond to HKEX’s IPO reform proposals, highlighting key risks and opportunities for market transparency and fairness.
The First Republic Takeover: What Happened?
First Republic’s investment of its significant uninsured deposits in jumbo loans left it illiquid in a rising interest rate environment.
Enhanced Disclosures Necessary for Investors to Compare Bank Balance Sheets across Countries
New CFA Institute study finds key differences in how banks disclose fair values of loans and write off bad or “impaired” debt across the EU, US, Japan, Canada, and Australia
Accounting for Agricultural Assets: to Fair Value or Not to Fair Value
A recent IASB proposal suggests removing the requirement to measure certain biological assets at fair value, which would provide a major disservice to investors.