Fair Value Accounting:

公允价值会计：

• 批准号: 1954017
• 金额: --
• 依托单位: London School of Economics and Political Science
• 依托单位国家: 英国
• 项目类别: Studentship
• 财政年份: 2017
• 资助国家: 英国
• 起止时间: 2017 至 无数据
• 项目状态: 已结题
• 来源: https://gtr.ukri.org/projects?ref=studentship-1954017
• 关键词: Fair; Value; Accounting

The rise of the fair value accounting just before the recent financial crisis in2007, which has been extensively criticised for exacerbating its negativeeffects, also suggests for its proponents, a response to the creation of a new,more relevant, accounting "reality". The fair value debate also re-initiatedanother old fundamental accounting issue, the trade-off between the two mainobjectives of the conceptual framework, both for FASB and IASB, with the ideaof the implied subordination of stewardship (reliability and verifiability) to thedecision-making/usefulness and informativeness objective (relevance) offinancial statements, which has dichotomised the academic community.However, it also suggests a particular challenge for auditors beyond thetechnicalities of applying auditing standards, reaching the limits of auditabilityof financial statements, which has not been studied extensively by academicscholars so far. The auditor's primary role is to express an opinion on whetherthe financial statements give a true and fair view, i.e. the notion of auditability isstrictly related to the opinion on the reliability of financial statements (Mautz &Sharaf, 1961) when the level of uncertainty of fair value measurement andaccounting estimates is crucial and challenges the limits of independenttestability (Power, 1996) in the auditing process.

公允价值会计在2007年金融危机爆发前的兴起，被广泛批评为加剧了其负面影响，这也表明了其支持者对创造一个新的、更相关的会计“现实”的回应。公允价值的争论也重新引发了另一个古老的基本会计问题，即FASB和IASB概念框架的两个主要目标之间的权衡，以及隐含的管理从属性的想法（可靠性和可核查性）对决策/有用性和信息量目标的影响（相关性）的财务报表，这已经一分为二的学术界。然而，这也表明了审计师在应用审计准则的技术细节之外面临的一个特殊挑战，即达到财务报表可验证性的极限，这一点迄今为止尚未得到学术界学者的广泛研究。审计师的主要作用是对财务报表是否真实和公允地表达意见，即当公允价值计量和会计估计的不确定性水平至关重要并挑战审计过程中独立可测试性的限制时，可验证性的概念与财务报表的可靠性意见严格相关（Mautz &Sharaf，1961）。