Study of the Influence of Reporting Format on Commercial Banks
The difference of accounting treatments dealing with the fair-value gains or losses between US Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) raises questions because they are either recognized or disclosed in the financial reporting.By reporting provisions on financial instruments and derivatives,analyses the empirical evidence of differences between recognition and disclosure,this article shows that investors and analystsvaluation of banks have been strongly influenced by the accounting measures,which will produce unfair comparisons within the industry and mislead investors.Through discussing the implication to financial reporting standard setters,the authors conclude that the accounting standard setters should establish a uniform rule to recognize the fair-value gains and/or losses and bring the offbalance sheet trading back to on-balance sheet.
commercial banks reporting format accounting treatments
Zhang Ying Zhang Jingyuan Zheng Yunlin
School of Business,Hohai University,Nanjing,China,211100 Beacom School of Business,University of South Dakota,Vermillion,U.S.A,57069
国际会议
大连
英文
555-558
2013-06-29（万方平台首次上网日期，不代表论文的发表时间）