A Study on Measurement Bases of Financial Instruments in IASB

DOI

Bibliographic Information

Other Title
  • IASBにおける金融商品の測定基礎に関する考察
  • ― Focus on Trends since the 1990s ―
  • ―1990年代以降の動向に焦点をあてて―

Abstract

<p>　In recent years, there is a trend to unify accounting standards internationally. In Japan, “convergence,” which is to eliminate differences between Japan Standards and the International Financial Reporting Standards (IFRS), and “adoption,” which is the application of the IFRS, are underway. Accounting comprises the process of recognition, measurement, bookkeeping, and reporting of financial information, of which “measurement” is, especially, important. Concerning financial instruments, the matter of whether all financial instruments should be measured at fair value (full-fair-value versus piecemeal-fair-value) has been discussed for many years.This study revealed the transition of attitudes relevant to the measurement bases of financial instruments in the (draft) IFRS and the International Accounting Standards Board (IASB) for about 30 years. The response to fair value measurement in IASB was also clarified, which was not explained in previous studies. In addition, this study suggests the points to be considered in the future revision of accounting standards for fair value measurement based on original opinions such as concerns about Level 2 fair value and the solutions for these.</p>

Journal

  • Produetion Management

    Produetion Management 27 (1), 29-38, 2020

    Japan Society for Production Management

Keywords

Details 詳細情報について

  • CRID
    1390016958305188096
  • DOI
    10.14846/seisankanri.27.1_29
  • ISSN
    21866120
    1341528X
  • Text Lang
    ja
  • Data Source
    • JaLC
  • Abstract License Flag
    Allowed

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