IDEAS home Printed from https://ideas.repec.org/a/prs/recofi/ecofi_1767-4603_2003_num_71_2_4752.html
   My bibliography  Save this article

How do financial analysts welcome the fair value model?

Author

Listed:
  • SFAF Accounting and Financial Analysis Commission

Abstract

[eng] The fair value method, which should be adopted within two years by listed companies in preparing their financial statements, aims to give preference to the use of market values for reporting assets and liabilities, if the information is available, or failing this, values in use calculated by the enterprise. To justify the adoption of the fair value method, the accounting standard-setters have no hesitation in stating that it meets the demands of investors and financial analysts. These same analysts would like to express here their strong reserves regarding the introduction of the fair value concept, which could well make both balance sheet and income statement more difficult ta read and interpret, by giving preference to the balance sheet to the detriment of the income statement. Although commendable in its principle, the fair value concept could in practice result in further erosion of investor confidence in both accounting and enterprises. . JEL classifications : M41

Suggested Citation

  • SFAF Accounting and Financial Analysis Commission, 2003. "How do financial analysts welcome the fair value model?," Revue d'Économie Financière, Programme National Persée, vol. 71(2), pages 137-139.
    • Handle: RePEc:prs:recofi:ecofi_1767-4603_2003_num_71_2_4752
    DOI: 10.3406/ecofi.2003.4752
    Note: DOI:10.3406/ecofi.2003.4752
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/ecofi.2003.4752
    Download Restriction: no
    File URL: https://www.persee.fr/doc/ecofi_1767-4603_2003_num_71_2_4752
    Download Restriction: no
    File URL: https://libkey.io/10.3406/ecofi.2003.4752?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:recofi:ecofi_1767-4603_2003_num_71_2_4752. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Equipe PERSEE (email available below). General contact details of provider: https://www.persee.fr/collection/ecofi .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.