..., Auditing and Taxation, Sydney, Australia. Editor's note: Accepted by Steve Lin. 1 8 2021 1 3 2022 2022 Compared with many domestic standards, IFRS are principles-based and place more emphasis on fair value accounting, increasing the uncertainty of accounting numbers...

... assets are recognized at the cost of acquisition, net of depreciation and impairment, and impairment reversal is not permitted. IFRS adoption fair value accounting property, plant, and equipment Public companies in Canada were required to adopt IFRS at the start of 2011. For the year...

...Clarence Goh; Chu Yeong Lim; Jeffrey Ng; Gary Pan; Kevin Ow Yong ABSTRACT We survey stakeholders in the financial reporting process to examine trust in fair value accounting. Although respondents demonstrate high confidence in financial statements, they believe that fair value accounting decreases...

.... Black. January 2016 October 2017 fair value measurement fair value accounting fair value hierarchy earnings persistence international banks A major feature of International Financial Reporting Standards (IFRS) is the requirement to use fair value accounting for financial...