Open AccessHow to Report Receivables at Fair Value?
Author(s) -
Damito Doria Magpantay
Publication year - 2013
Publication title -
international journal of accounting and financial reporting
Language(s) - English
Resource type - Journals
ISSN - 2162-3082
DOI - 10.5296/ijafr.v3i1.3710
Subject(s) - debtor , creditor , business , value (mathematics) , accounting , actuarial science , monetary economics , finance , economics , debt , computer science , machine learning
The problem of asymmetric information faced by creditor-firms arising from deceitful manipulation of credit information by debtor-firms lingers because current disclosure standards fail to capture relevant information about the measure of creditworthiness of debtor-firms.