The Fair value accounting from the perspective of financial statements users.A survey on brokers working in the Syrian Brokerage Companies


Abstract in English

The aim of this research is to explore the opinions of financial statements users, represented by financial brokers working in the Syrian brokerage companies, about the application of fair value accounting. The concept of fair value accounting, and the related international accounting standards were explained. In order to achieve the research objectives and testing research hypotheses, data was collected using questionnaires distributed to financial brokers working in the Syrian brokerage companies. Results of this research showed significant differences between the degree of financial statements users agreement on the advantages of applying the fair value accounting and the criticisms of its application. Additionally, a significant relationship was found between the degree of financial statements users agreement on applying the fair value accounting, presenting the results of its application in the notes rather than the financial statements themselves, the possibility of the precise calculation of the fair value in one hand, and the level of its application in the other.

References used

Barth، M. (1994). Fair Value Accounting: Evidence from Investment Securities and the Market Valuation of Banks. The Accounting Review. January، pp. 1- 25.
Barth، M. E. (2006). Including Estimates of the Future in Today's Financial Statements، Accounting Horizons،Vol.20 ،)3(pp.271-285
Barth، M. E. (1994). Fair value Accounting: Evidence from Investment Securities and the Market Valuation of Banks. The Accounting Review. Vol. 69، pp.1–25

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