The Pure Logic of Accounting : A Critique of the Fair Value Revolution

@inproceedings{Biondi2017ThePL,
  title={The Pure Logic of Accounting : A Critique of the Fair Value Revolution},
  author={Yuri Biondi},
  year={2017}
}
When international accounting standards were renamed to become international financial reporting standards, this seemed to imply that accounting no longer needed to exist, but rather had to be reconsidered as a part of financial communication and advertising. Does traditional accountability no longer matter? Betrayed investors and globalized stakeholders would dissent. A difference of nature continues to exist between fair values disclosed by managers and certified by auditors, and the actual… CONTINUE READING