In fair value we trust, or not

• Main Authors: TANG, Joyce, LEONG, Nick, PAN, Gary, OW YONG, Keng Kevin, LIM, Chu Yeong, NG, Tee Yong Jeffrey
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2016
• Subjects: Financial reports; trust; investor confidence; financial statements; Singapore; value accounting; Accounting; Asian Studies; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/soa_research/1527; https://ink.library.smu.edu.sg/context/soa_research/article/2554/viewcontent/8909693.pdf
• Institution: Singapore Management University

The objective of financial reporting is to provide financial information that is useful to existing and potential investors, lenders and other creditors (IASB’s Conceptual Framework ED/2015/3). General purpose financial reports provide information about the financial position of a reporting entity,...