Accounting Choice and the Fair Value Option教程.pdfVIP

Accounting Horizons American Accounting Association Vol. 25, No. 3 DOI: 10.2308/acch-50006 2011 pp. 487–510 Accounting Choice and the Fair Value Option Katherine Guthrie, James H. Irving, and Jan Sokolowsky SYNOPSIS: Under the fair value option, SFAS No. 159, firms have full discretion over electing to report specified financial instruments at fair value on a contract-by-contract basis. Building on Henry’s (2009) stu