Income statement disclosure: how fair value would work

Abstract

This extensive extract from the proposed rules on how to disclose financial instruments and similar items in the income statement of banks and other financial institutions develops the thinking of the joint working group set up to prepare global standards in this field. The extract covers the critical issue of disclosure in the income statements of such organisations. As such it is the most comprehensive summation of the arguments involved yet produced.

Citation

(2001), "Income statement disclosure: how fair value would work", Balance Sheet, Vol. 9 No. 1, pp. 34-46. https://doi.org/10.1108/09657960110695277