Open AccessA Market Value Reporting System For Depository Institutions
Author(s) -
Jaime Andrés Peralta Agudelo
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.149
H-Index - 22
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v8i3.6142
Subject(s) - demise , surprise , value (mathematics) , business , accounting information system , accounting , market value , economics , commerce , actuarial science , computer science , law , political science , psychology , social psychology , machine learning
The demise of the S&L industry should not have come as a surprise given the obstacles placed on a free market by the regulatory system. The lack of an economic accounting information system providing information of an institutions real value has been identified as instrumental in not allowing regulators timely detection of this situation. This article discusses an economic reporting system based on market values to replace the present historical cost system.