文章基本信息

标题：Fair value accounting and financial stability
本地全文：下载
作者：Andrea Enria ; Lorenzo Cappiello ; Frank Dierick 等
期刊名称：Euro Area Balance of Payments and International Investment Position Statistics
印刷版ISSN：1830-3420
电子版ISSN：1830-3439
出版年度：2004
出版社：European Central Bank
摘要：Accounting standards bodies are currently refining their proposals for the introduction of additional elements of fair value accounting for financial instruments. The ECB has a keen interest in this debate, as accounting reforms are likely to have a profound impact on the banking and financial industry. Furthermore, harmonised and high-quality accounting standards could make a significant contribution to the integration and efficiency of financial markets in the euro area. On a broader scale, they could also facilitate European firms’ access to the large international financial markets, thereby promoting growth. The interest of the ECB also stems from the concerns that a wider application of fair valuations might have adverse effects on financial stability. The consistency between the accounting framework and the reporting for supervisory and statistical purposes is also an aspect deserving due attention.