A study on the favorable accounting measurement for the Philippine banking industry

• Main Authors: Dy, Ryan Oliver T., Flores, Mary Kenwyn I., Fragante, Francis L., Viloria, Riyaldo B.
• Format: text
• Language: English
• Published: Animo Repository 2007
• Subjects: Banks and banking > Philippines > Accounting; Accounting
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/14158
• Institution: De La Salle University

Fair value accounting is the use of fair value amounts at which an asset is exchanged or a liability settled between knowledgeable parties in an arm's length transaction for financial statement preparation. Although all industries have been affected by the adoption of the standards promoting su...