Academics and Industry Experts Gather to Discuss the Merits of Fair Value Accounting

In light of the Financial Accounting Stands Board’s (FASB) proposed expansion of fair value accounting principles for financial institutions, a group of scholars, industry experts, professionals and press convened for a roundtable entitled, “Are Investors and Investment Entities Well-Served by Fair Value Accounting.”

Hosted by NYU Stern’s Vincent C. Ross Institute of Accounting Research, the forum focused on mark-to-market accounting, debating its merits and analyzing its impact on the economy, investors and the general public.