Views on improving the integrity of global capital markets
Fair Value
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.
Investment Property “Entities” — Seriously? Measure All Real Estate Investments at Fair Value
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.