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Fair Value Measurement - The New Ifrs 13 - Conceptual Suitability As A Data Basis For Controlling And Impact On Performance Measurement


  • Bodo Runzheimer

    (Hochschule Pforzheim University, Federal Republic of Germany)


The issue is examined whether the growing importance of providing information to investors accompanied by the increased impact of IFRS, which is the dominant accounting system around the world, has ignited the discussions on the necessity of separated external and internal accounting so much that fresh possibilities of convergence of accounting standards have come to the forefront. Within IFRS, fair value accounting is both very significant and controversial. In May 2011 the IASB released a new standard regarding fair value measurement; IFRS 13 was intended to provide a uniform regulation for this central valuation. It is examined whether fair value is conceptually appropriate for use in controlling if the new IFRS 13 is adhered to. Admittedly, the new IFRS 13 brings no significant improvements in terms of taxation. Fair value balancing does have certain implications for performance measurement, shown in balance sheet ratio. This, however, can be assessed only for each individual case, and not across the board. Using fair value accounting, value-driven single-period performance measures such as EVA have a potentially better database, which reduces only the number of transitional positions.

Suggested Citation

  • Bodo Runzheimer, 2014. "Fair Value Measurement - The New Ifrs 13 - Conceptual Suitability As A Data Basis For Controlling And Impact On Performance Measurement," Interdisciplinary Management Research, Josip Juraj Strossmayer University of Osijek, Faculty of Economics, Croatia, vol. 10, pages 582-599.
  • Handle: RePEc:osi:journl:v:10:y:2014:p:582-599

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    International Financial Reporting Standard 13 (IFRS 13); International Accounting Standards Board (IASB); Fair-Value-Measurement; Performancemessung und Contolling;

    JEL classification:

    • M4 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting


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