Open Access Honors Program Thesis
Fair value; Valuation;
In 2006 and 2007, new accounting statements were issued that expanded fair value accounting, which have led to a debate that extends beyond the accounting profession to the rest of the business community. While fair value accounting is not a new concept or accounting practice, the new requirements related to the statements, combined with the recent credit crisis that started in 2007, have caused many companies and users of the financial statements to argue whether or not current fair value accounting practices should be continued.
Year of Submission
Department of Accounting
University Honors Designation
A thesis submitted in partial fulfillment of the requirements for the designation University Honors
© 2011 Kristina Ann Bowers
Bowers, Kristina Ann, "The Fair Value Accounting Debate and the Future of the Profession" (2011). Honors Program Theses. 7.