Fair Value Accounting Bibliography

Provided by James R. Martin, Ph.D., CMA
Professor Emeritus, University of South Florida

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Ahn, J., R. Hoitash and U. Hoitash. 2020. Auditor task-specific expertise: The case of fair value accounting. The Accounting Review (May): 1-32.

Altamuro, J. and H. Zhang. 2013. The financial reporting of fair value based on managerial inputs versus market inputs: Evidence from mortgage servicing rights. Review of Accounting Studies 18(3): 833-858.

Amel-Zadeh, A., M. E. Barth and W. R. Landsman. 2017. Erratum to: The contribution of bank regulation and fair value accounting to procyclical leverage. Review of Accounting Studies 22(3): 1455-1457.

Amel-Zadeh, A., M. E. Barth and W. R. Landsman. 2017. The contribution of bank regulation and fair value accounting to procyclical leverage. Review of Accounting Studies 22(3): 1423-1454.

Arya, A. and A. Reinstein. 2010. Recent developments in fair value accounting. The CPA Journal (August): 20-29.

Ayres, D., X. Huang and M. Myring. 2017. Fair value accounting and analyst forecast accuracy. Advances in Accounting: Incorporating Advances in International Accounting (37): 58-70.

Bachar, J., N. D. Melumad and G. Weyns. 1997. On cost tradeoffs between conservative and market value accounting. Review of Accounting Studies 2(1): 7-34.

Badertscher, B. A., J. J. Burks and P. D. Easton. 2012. A convenient scapegoat: Fair value accounting by commercial banks during the financial crisis. The Accounting Review (January): 59-90.

Badia, M., M. Duro, F. Penalva and S. Ryan. 2017. Conditionally conservative fair value measurements. Journal of Accounting and Economics (February): 75-98.

Bairstow, C. W. 1924. Adjusting the books to the appraisal. Journal of Accountancy (November): 379-384.

Balsam, S. 2007. A bid for fair value. Journal of Accountancy (September): 42-45.

Bandyopadhyay, S. P., C. Chen and M. Wolfe. 2017. The predictive ability of investment property fair value adjustments under IFRS and the role of accounting conservatism. Advances in Accounting: Incorporating Advances in International Accounting (38): 1-14.

Barker, R. and S. Schulte. 2017. Representing the market perspective: Fair value measurement for non-financial assets. Accounting, Organizations and Society (56): 55-67.

Barth, M. and D. Taylor. 2010. In defense of fair value: Weighing the evidence on earnings management and asset securitizations. Journal of Accounting and Economics (February): 26-33.

Barth, M. E. 1994. Fair value accounting: Evidence from investment securities and the market valuation of banks. The Accounting Review (January): 1-25. (Part of a forum on financial reporting).

Barth, M. E. and M. F. McNichols. 1994. Estimation and market valuation of environmental liabilities relating to superfund sites. Journal of Accounting Research (Studies on Accounting, Financial Disclosures, and the Law): 177-209.

Barth, M. E. and W. R. Landsman. 1995. Fundamental issues related to using fair value accounting for financial reporting. Accounting Horizons (December): 97-107.

Barth, M. E. and W. R. Landsman. 2018. Using fair value earnings to assess firm value. Accounting Horizons (December): 49-58.

Barth, M. E., D. W. Collins, G. M. Crooch, J. A. Elliott, T. J. Frecka, E. A. Imhoff Jr, W. R. Landsman and R. G. Stephens. 1995. AAA's Financial Accounting Standards Committee response to FASB discussion documents: Response to the FASB exposure draft "Disclosure about derivative instruments and fair value of financial instruments". Accounting Horizons (March): 92-95.

Barth, M. E., L. D. Hodder and S. R. Stubben. 2008. Fair value accounting for liabilities and own credit risk. The Accounting Review (May): 629-664.

Beatty, A. and J. Weber. 2006. Accounting discretion in fair value estimates: An examination of SFAS 142 goodwill impairments. Journal of Accounting Research (May): 257-288.

Beatty, A., S. Chamberlain and J. Magliolo. 1996. An empirical analysis of the economic implications of fair value accounting for investment securities. Journal of Accounting and Economics (August-December): 43-77.

Beaudoin, C. A. and S. B. Hughes. 2014. APT, Inc.: An application of impairment testing and fair value estimation using international financial standards. Issues in Accounting Education (February): 1-17.

Benjamin, S. J., A. Niskkalan and M. S. Marathamuthu. 2012. Fair value accounting and the global financial crisis: The Malaysian experience. Journal of Applied Management Accounting Research (Winter): 53-68.

Bens, D. A. 2006. Discussion of Accounting discretion in fair value estimates: An examination of SFAS 142 goodwill impairments. Journal of Accounting Research (May): 289-296.

Bens, D. A., M. Cheng and M. Neamtiu. 2016. The impact of SEC disclosure monitoring on the uncertainty of fair value estimates. The Accounting Review (March): 349-375.

Bhat, G., R. Frankel and X. Martin. 2011. Panacea, Pandora's box, or placebo: Feedback in bank mortgage-backed security holdings and fair value accounting. Journal of Accounting and Economics (November): 153-173.

Bhattacharjee, S., K. K. Moreno and N. S. Wright. 2019. The impact of benchmark set composition on auditors' level 3 fair value judgments. The Accounting Review (November): 91-108.

Bick, P., S. Orlova and L. Sun. 2018. Fair value accounting and corporate cash holdings. Advances in Accounting: Incorporating Advances in International Accounting (40): 98-110.

Blacconiere, W. G., J. R. Frederickson, M. F. Johnson and M. F. Lewis. 2011. Are voluntary disclosures that disavow the reliability of mandated fair value information informative or opportunistic? Journal of Accounting and Economics (November): 235-251.

Black, J., J. Z. Chen and M. Cussatt. 2018. The association between SFAS No. 157 fair value hierarchy information and conditional accounting conservatism. The Accounting Review (September): 119-144.

Black, J., J. Z. Chen and M. Cussatt. 2019. Erratum: The association between SFAS No 157 fair value hierarchy information and conditional accounting conservatism. The Accounting Review (January): 361.

Blankespoor, E., T. J. Linsmeier, K. R. Petroni and C. Shakespeare. 2013. Fair value accounting for financial instruments: Does it improve the association between bank leverage and credit risk? The Accounting Review (July): 1143-1177.

Bloomfield, R. J., M. W. Nelson and S. D. Smith. 2006. Feedback loops, fair value accounting and correlated investments. Review of Accounting Studies 11(2-3): 377-416.

Bolivar, M. P. R. and A. N. Galera. 2012. The role of fair value accounting in promoting government accountability. Abacus 48(3): 348-386.

Botosan, C. A., H. Ashbaugh, A. L. Beatty, P. Y. Davis-Friday, P. E. Hopkins, K. K. Nelson, K. ramesh, R. Uhl, M. Venkatachalam and G. Vrana. 2005. AAA Financial Accounting Standards Committee: Response to the FASB's exposure draft on fair value measurements. Accounting Horizons (September): 187-196.

Boyles, J. 2008. Fair value accounting: Are you ready? Strategic Finance (August): 28-32.

Bratten, B., L. M. Gaynor, L. McDaniel, N. R. Montague and G. E. Sierra. 2013. The audit of fair values and other estimates: The effects of underlying environmental, task, and auditor-specific factors. Auditing: A Journal of Practice & Theory 32(Supplement 1): 7-44.

Bratten, B., M. Causholli and U. Khan. 2016. Usefulness of fair value for predicting banks' future earnings: Evidence from other comprehensive income and its components. Review of Accounting Studies 21(1): 280-315.

Brink, A. G., F. Tang and L. Yang. 2016. The impact of estimate source and social pressure on auditors' fair value estimate choices. Behavioral Research In Accounting 28(2): 29-40.

Campbell, J. L., J. F. Downes and W. C. Schwartz, Jr. 2015. Do sophisticated investors use the information provided by the fair value of cash flow hedges? Review of Accounting Studies 20(2): 934-975.

Campbell, J. L., J. F. Downes and W. C. Schwartz, Jr. 2015. Erratum to: Do sophisticated investors use the information provided by the fair value of cash flow hedges? Review of Accounting Studies 20(4): 1639-1640.

Cannon, N. H. and J. C. Bedard. 2017. Auditing challenging fair value measurements: Evidence from the field. The Accounting Review (July): 81-114.

Cantrell, B. W., J. M. McInnis and C. G. Yust. 2014. Predicting credit losses: Loan fair values versus historical costs. The Accounting Review (January): 147-176.

Carcello, J. V., T. L. Neal, L. C. Reid and J. E. Shipman. 2020. Auditor independence and fair value accounting: An examination of nonaudit fees and goodwill impairments. Contemporary Accounting Research 37(1): 189-217.

Caskey, J. and J. S. Hughes. 2012. Assessing the impact of alternative fair value measures on the efficiency of project selection and continuation. The Accounting Review (March): 483-512.

Catty, J. P. 2010. Wiley Guide to Fair Value Under IFRS. Wiley.

Chasteen, L. G. and C. R. Ransom. 2007. Including credit standing in measuring the fair value of liabilities - Let's pass this one to the shareholders. Accounting Horizons (June): 119-135.

Chen, W., H. Tan and E. Y. Wang. 2013. Fair value accounting and managers' hedging decisions. Journal of Accounting Research (March): 67-103.

Chen, W., N. Harding and W. He. 2021. Non-professional investors' judgments of the reliability of fair value estimates - The impact of investor mood. Behavioral Research In Accounting 33(1): 43-63.

Chen, X., A. Hellmann and S. R. Mithani. 2020. The effect of fair value adjustments on dividend policy under mandatory international financial reporting standards adoption: Australian evidence. Abacus 56(3): 436-453.

Cheney, P. E. 1976. A review of some objections to fair value accounting. Management Accounting (June): 29-30, 37.

Cheng, K. 2009. Fair value's 'how' meets 'when'. The CPA Journal (August): 26-29.

Chircop, J. and Z. Novotny-Farkas. 2016. The economic consequences of extending the use of fair value accounting in regulatory capital calculation. Journal of Accounting and Economics (November-December): 183-203.

Choi, J. J., C. X. Mao and A. D. Upadhyay. 2015. Earnings management and derivative hedging with fair valuation: Evidence from the effects of FAS 133. The Accounting Review (July): 1437-1467.

Christensen, B. E., S. M. Grover and D. A. Wood. 2012. Extreme estimation uncertainty in fair value estimates: Implications for audit assurance. Auditing: A Journal of Practice & Theory 31(1): 127-146.

Christensen, H. B. and V. V. Nikolaev. 2013. Does fair value accounting for non-financial assets pass the market test? Review of Accounting Studies 18(3): 734-775.

Chung, S. G., B. W. Goh, J. Ng and K. O. Yong. 2017. Voluntary fair value disclosures beyond SFAS 157's three-level estimates. Review of Accounting Studies 22(1): 430-468.

Chung, S. G., C. Lee and S. Mitra. 2016. Fair value accounting and reliability. The CPA Journal (July): 60-63.

Clark, S., C. Jordan and M. Dugan. 2013. Using forensic analytics to evaluate the reliability of fair value reporting. Journal of Forensic & Investigative Accounting 5(1): 151-181.

Cohen, J. R., L. M. Gaynor, N. R. Montague, C. A. de Lima Salge and J. H. Wayne. 2022. The effects of firm guidance on auditors' evaluations of fair value estimates. Auditing: A Journal of Practice & Theory 41(4): 85-105.

Corona, C., L. Nan and G. Zhang. 2019. Banks' asset reporting frequency and capital regulation: An analysis of discretionary use of fair-value accounting. The Accounting Review (March): 157-178.

Couch, R., N. Thibodeau and W. Wu. 2017. Are fair value options created equal? A study of SFAS 159 and earnings volatility. Advances in Accounting: Incorporating Advances in International Accounting (38): 15-29.

Crane, M. and R. A. Dyson. 2011. Estimating the fair value of investments in entities that calculate net value per share. The CPA Journal (March): 54-61.

De Jager, P. 2014. Fair value accounting, fragile bank balance sheets and crisis: A model. Accounting, Organizations and Society 39(2): 97-116.

Dean, G. and F. Clarke. 2005. 'True and fair' and 'fair value' - Accounting and legal will-o'-the-wisps. Abacus 41(2): i-viii.

Dechow, P. M., L. A. Myers and C. Shakespeare. 2010. Fair value accounting and gains from asset securitizations: A convenient earnings management tool with compensation side-benefits. Journal of Accounting and Economics (February): 2-25.

DeFond, M., J. Hu, M. Hung and S. Li. 2020. The effect of fair value accounting on the performance evaluation role of earnings. Journal of Accounting and Economics (November-December): 101341.

DeFond, M. L., C. S. Lennox and J. Zhang. 2018. The primacy of fair presentation: Evidence from PCAOB standards, federal legislation, and the courts. Accounting Horizons (September): 91-100.

Demerjian, P. R., J. Donovan and C. R. Larson. 2016. Fair value accounting and debt contracting: Evidence from adoption of SFAS 159. Journal of Accounting Research (September): 1041-1076.

Demski, J. S., H. Lin and D. E. M. Sappington. 2008. Asset revaluation regulation with multiple information sources. The Accounting Review (July): 869-891.

Di Pietra, R. 2009. The Routledge Companion to Fair Value and Financial Reporting by Peter Walton. The Accounting Review (May): 1003-1006.

Dietrich, J. R., M. S. Harris and K. A. MullerIII. 2000. The reliability of investment property fair value estimates. Journal of Accounting and Economics (October): 125-158.

Doliya, P. and J. P. Singh. 2016. An interpretive structural modeling approach to analyze the interaction between factors of the fair value measurement audit process. Journal of Emerging Technologies in Accounting 13(2): 37-48.

Dong, M., S. Ryan and X. Zhang. 2014. Preserving amortized costs within a fair-value-accounting framework: Reclassification of gains and losses on available-for-sale securities upon realization. Review of Accounting Studies 19(1): 242-280.

Duangploy, O. and D. K. Pence. 2010. Practical implications of fair value hedges on available-for-sale debt securities. The CPA Journal (March): 28-35.

Easton, P. and X. Zhang. 2017. Mixing fair-value and historical-cost accounting: Predictable other-comprehensive-income and mispricing of bank stocks. Review of Accounting Studies 22(4): 1732-1760.

Eccher, E. A., K. Ramesh and S. R. Thiagarajan. 1996. Fair value disclosures by bank holding companies. Journal of Accounting and Economics (August-December): 79-117.

Elkounovitch, R. 2018. Marketability discounts, fair value, and the forgotten market participant: When do discounts represent distortions? The CPA Journal (February): 60-65.

Emett, S. A., R. Libby and M. W. Nelson. 2018. PCAOB guidance and audits of fair values for level 2 investments. Accounting, Organizations and Society (71): 57-72.

Ferreira, P. H., R. Kraussl and W. R. Landsman. 2019. Reliability and relevance of fair values: Private equity investments and investee fundamentals. Review of Accounting Studies 24(4): 1427-1449.

Fiechter, P. and Z. Novotny-Farkas. 2017. The impact of the institutional environment on the value relevance of fair values. Review of Accounting Studies 22(1): 329-429.

Fiechter, P., W. R. Landsman, K. Peasnell and A. Renders. 2017. The IFRS option to reclassify financial assets out of fair value in 2008: The roles played by regulatory capital and too-important-to-fail status. Review of Accounting Studies 22(4): 1698-1731.

Fiechter, P., Z. Novotny-Farkas and A. Renders. 2022. Are level 3 fair value remeasurements useful? Evidence from ASC 820 rollforward disclosures. The Accounting Review (September): 301-323.

Fontes, J. C., A. Panaretou and K. V. Peasnell. 2018. The impact of fair value measurement for bank assets on information asymmetry and the moderating effect of own credit risk gains and losses. The Accounting Review (November): 127-147.

Fortin, S., A. Hammami and M. Magnan. 2021. Re-exploring fair value accounting and value relevance: An examination of underlying securities. Abacus 57(2): 220-250.

Fuglister, J. and R. Bloom. 2008. Analysis of SFAS 157, fair value measurements. The CPA Journal (January): 36-39.

Gaynor, L. M., L. McDaniel and T. L. Yohn. 2011. Fair value accounting for liabilities: The role of disclosures in unraveling the counterintuitive income statement effect from credit risk changes. Accounting, Organizations and Society 36(3): 125-134.

Georgiou, O. 2018. The worth of fair value accounting: Dissonance between users and standard setters. Contemporary Accounting Research 35(3): 1297-1331.

Glover, S. M., M. H. Taylor, Y. J. We and K. T. Trotman. 2019. Mind the gap: Why do experts have differences of opinion regarding the sufficiency of audit evidence supporting complex fair value measurements? Contemporary Accounting Research 36(3): 1417-1460.

Glover, S. M., M. H. Taylor and Y. Wu. 2017. Current practices and challenges in auditing fair value measurements and complex estimates: Implications for auditing standards and the academy. Auditing: A Journal of Practice & Theory 36(1): 63-84.

Goh, C., C. Y. Lim, J. Ng, G. Pan and K. O. Yong. 2021. Trust in fair value accounting: Evidence from the field. Journal of International Accounting Research 20(3): 21-42.

Goncharov, I. and S. van Triest. 2014. Unintended consequences of changing accounting standards: The case of fair value accounting and mandatory dividends. Abacus 50(3): 341-367.

Goncharov, I., E. J. Riedl and T. Sellhorn. 2014. Fair value and audit fees. Review of Accounting Studies 19(1): 210-241.

Gonzalez-Sanchez, M. 2018. Effects of IFRS-13 on the relevance of fair value adjusted by credit risk: Evidence from Europe. Advances in Accounting: Incorporating Advances in International Accounting (40): 89-97.

Gray, R. P. 2003. Research note: Revisiting fair value accounting - Measuring commercial banks' liabilities. Abacus 39(2): 250-261.

Griffin, J. B. 2014. The effects of uncertainty and disclosure on auditors' fair value materiality decisions. Journal of Accounting Research (December): 1165-1193.

Griffith, E. E. 2020. Auditors, specialists, and professional jurisdiction in audits of fair values. Contemporary Accounting Research 37(1): 245-276.

Griffith, E. E. and J. S. Hammersley. 2023. The role of valuation specialists in audits of fair values and potential for change under amended public company accounting oversight board standards. Auditing: A Journal of Practice & Theory 42(2): 133-161.

Guthie, K., J. H. Irving and J. Sokolowsky. 2011. Accounting choice and the fair value option. Accounting Horizons (September): 487-510.

Hanley, K. W., A. D. Jagolinzer and S. Nikolova. 2018. Strategic estimation of asset fair values. Journal of Accounting and Economics (August): 25-45.

Hayoun, S. 2019. How fair value is both market-based and entity-specific: The irreducibility of value constellations to market prices. Accounting, Organizations and Society (73): 68-82.

He, X. T. J. Wong and D. Young. 2012. Challenges for implementation of fair value accounting in emerging markets: Evidence from China. Contemporary Accounting Research 29(2): 538-562.

Hendricks, B. E. and C. Shakespeare. 2013. Discussion of "The financial reporting of fair value based on managerial inputs versus market inputs: Evidence from mortgage servicing rights." Review of Accounting Studies 18(3): 859-867.

Hirst, D. E., P. E. Hopkins and J. M. Wahlen. 2004. Fair values, income measurement, and bank analysts' risk and valuations judgments. The Accounting Review (April): 453-472.

Hodder, L. D. and A. G. Sheneman. 2022. Fair value measurement discretion and opportunistic avoidance of impairment loss recognition. The Accounting Review (November, Issue 7): 243-268.

Hong, P. K. and S. Hwang. 2018. Fair value disclosures of pension plan assets and audit fees. Advances in Accounting: Incorporating Advances in International Accounting (41): 88-96.

Hoogendoorn, M. N. 2009. An Experiment in "Fair Value" Accounting? The State of the art in research and thought leadership on accounting for life assurance in the UK and continental Europe by Joanne Horton, Richard Macve, George Serafeim. The Accounting Review (November): 2042-2043.

Huffman, A. 2018. Asset use and the relevance of fair value measurement: Evidence from IAS 41. Review of Accounting Studies 23(4): 1274-1314.

Israeli, D. 2015. Recognition versus disclosure: Evidence from fair value of investment property. Review of Accounting Studies 20(4): 1457-1503.

Jiang, J., I. Y. Wang and Y. Xie. 2015. Does it matter who serves on the Financial Accounting Standards Board? Bob Herz's resignation and fair value accounting for loans. Review of Accounting Studies 20(1): 371-394.

Johnson, I. R. and L. Walther. 2010. Interpreting 'legally permissible' in applying fair value guidelines. The CPA Journal (December): 28-29.

Jordan, C. E., S. J. Clark and G. R. Pate. 2013. The debate over fair value reporting: Fact or fiction? Using Benford's law to find answers. The CPA Journal (February): 46-51.

Journal of Accountancy. 2006. Statement of Financial Accounting Standards No. 157 - Fair Value Measurements. Journal of Accountancy (December): 97-102.

Journal of Accountancy. 2007. Statement of Financial Accounting Standards No. 159 - The Fair Value Option for Financial Assets and Financial Liabilities. Journal of Accountancy (April): 92-97.

Journal of Accountancy. 2021. ASB proposal addresses auditing of fair value estimates of financial instruments. Journal of Accountancy (January): 6.

Jung, B., H. Pourjalali, E. Wen and S. J. Daniel. 2013. The association between firm characteristics and CFO's opinions on the fair value option for non-financial assets. Advances in Accounting: Incorporating Advances in International Accounting 29(2): 255-266.

Kaplan, R. S. and K. G. Palepu. 2003. Expensing stock options: A fair-value approach. Harvard Business Review (December): 105-108.

Katz, D. M. 2011. Secrets of the bargain basement: Why do some companies hawk their assets at less than fair value? CFO (May): 21-23. ("As of 2009, FASB began to regard "negative goodwill" as a contradiction in terms, and now calls the product of such sweet deals "bargain purchase" amounts.)

Kemp, P. S. 1973. A further look at fairness in accounting. Management Accounting (January): 15-16, 28.

Keyser, J. D. 2023. Statement 159 and the intersection of convergence, reliability, and comparability. The Accounting Historians Journal 50(1): 33-44.

Khan, U. 2019. Does fair value accounting contribute to systemic risk in the banking industry? Contemporary Accounting Research 36(4): 2588-2609.

Khan, U., S. G. Ryan and A. Varma. 2019. Fair value versus amortized cost measurement and the timeliness of other-than-temporary impairments: Evidence from the insurance industry. The Accounting Review (November): 285-307.

Koo, M., K. Sivaramakrishnan and Y. Zhao. 2023. Third-party source switches: Objective valuation or fair value option shopping? The Accounting Review (November): 405-433.

Israeli, D. 2015. Recognition versus disclosure: Evidence from fair value of investment property. Review of Accounting Studies 20(4): 1457-1503.

Jack, L. 2015. Book review: Fair Value Accounting in Historical Perspective. The Accounting Review (March): 825-828.

Jensen, R. E. 2007. Fair value accounting in the USA. The Routledge Companion to Fair Value and Financial Reporting by Peter Walton: 300-321.

Joe, J. R., S. D. Vandervelde and Y. Wu. 2017. Use of high quantification evidence in fair value audits: Do auditors stay in their comfort zone? The Accounting Review (September): 89-116.

King, A. M. 2003. Fair value accounting: Its time has come and gone. Strategic Finance (September): 54-57.

King, A. M. 2009. Determining fair value. Strategic Finance (January): 26-32.

King, A. M. 2009. Fair value is dangerous for cost management. Cost Management (January/February): 41-47.

Kirk, N. 2006. Perceptions of the true and fair view concept: An empirical investigation. Abacus 42(2): 205-235.

Kohlbeck, M., T. Smith and A. Valencia. 2017. Auditors and net transfers of level 3 fair-value financial instruments. Advances in Accounting: Incorporating Advances in International Accounting (36): 27-39.

Kohlbeck, M. J., J. R. Cohen and L. L. Holder-Webb. 2009. Auditing intangible assets and evaluating fair market value: The case of reacquired franchise rights. Issues in Accounting Education (February): 45-61. (Case study).

Koo, M., K. Sivaramakrishnan and Y. Zhao. 2023. Third-party source switches: Objective valuation or fair value option shopping? The Accounting Review (November): 405-433.

Koonce, L. 2006. Discussion of “Feedback loops, fair value accounting and correlated investments”. Review of Accounting Studies 11(2-3): 417-427.

Koonce, L., K. K. Nelson and C. M. Shakespeare. 2011. Judging the relevance of fair value for financial instruments. The Accounting Review (November): 2075-2098.

Krumwiede, T., R. M. Scadding and C. D. Stevens. 2008. Mortgage-backed securities and fair-value accounting. The CPA Journal (May): 30-36.

Laux, C. 2016. The economic consequences of extending the use of fair value accounting in regulatory capital calculations: A discussion. Journal of Accounting and Economics (November-December): 204-208.

Laux, C. and C. Leuz. 2009. The crisis of fair-value accounting: Making sense of the recent debate. Accounting, Organizations and Society 34(6-7): 826-834.

Lee, C. and M. S. Park. 2013. Subjectivity in fair-value estimates, audit quality, and informativeness of other comprehensive income. Advances in Accounting: Incorporating Advances in International Accounting 29(2): 218-231.

Lee, E., N. Strong and Z. Zhu. 2014. Did regulation fair disclosure, SOX, and other analyst regulations reduce security mispricing? Journal of Accounting Research (June): 733-774.

Liang, L. and E. J. Riedl. 2014. The effect of fair value versus historical cost reporting model on analyst forecast accuracy. The Accounting Review (May): 1151-1177.

Lin, Y., S. Lin, J. M. Fornaro and H. S. Huang. 2017. Fair value measurement and accounting restatements. Advances in Accounting: Incorporating Advances in International Accounting (38): 30-45.

Linsmeier, T. J. 2011. Financial reporting and financial crises: The case for measuring financial instruments at fair value in financial statements. Accounting Horizons (June): 409-417.

Linsmeier, T. J. 2013. A standard setter's framework for selecting between fair value and historical cost measurement attributes: A basis for discussion of "Does fair value accounting for nonfinancial assets pass the market test?" Review of Accounting Studies 18(3): 776-782.

MacDonald, L. A. 2010. Fair value changes ahead. The CPA Journal (January): 24-27.

Magnan, M., A. Menini and A. Parbonetti. 2015. Fair value accounting: Information or confusion for financial markets? Review of Accounting Studies 20(1): 559-591.

Markarian, G. 2014. The crisis and fair values: Echoes of early twentieth century debates? The Accounting Historians Journal 41(1): 35-60.

McDonough, R. P. and C. M. Shakespeare. 2015. Fair value measurement capabilities, disclosure, and the perceived reliability of fair value estimates: A discussion of Blat and Ryan (2015). Accounting, Organizations and Society (46): 96-99.

McInnis, J. M., Y. Yu and C. G. Yust. 2018. Does fair value accounting provide more useful financial statements than current GAAP for banks? The Accounting Review (November): 257-279.

Miller, P. B. W. and P. R. Bahnson. 2007. Refining fair value measurement. Journal of Accountancy (November): 30-34.

Mozes, H. A. 2002. The value relevance of financial institutions' fair value disclosures: A study in the difficulty of linking unrealized gains and losses to equity values. Abacus 38(1): 1-15.

Muller, K. A. III., E. J. Riedl and T. Sellhorn. 2011. Mandatory fair value accounting and information asymmetry: Evidence from the European real estate industry. Management Science (June): 1138-1153.

Muller, M. A., E. J. Riedl and T. Sellhorn. 2015. Recognition versus disclosure of fair values. The Accounting Review (November): 2411-2447.

Munter, P., T. Moores and T. A. Ratcliffe. 1994. A new look at market value accounting. Management Accounting (March): 41-45. (Related to the FASB's Statement of Financial Accounting Standards 115).

Murphy, M. L. and M. Smith.2017. How to audit fair value measurements. Journal of Accountancy (December): 32-36, 38-39.

Nelson, K. K. 1996. Fair value accounting for commercial banks: An empirical analysis of SFAS No. 107. The Accounting Review (April): 161-182.

Nurnberg, H. and J. Sweeney. 1989. The effect of fair values and historical costs on accounting for business combinations. Issues in Accounting Education (Fall): 375-395.

Olante, M. E. and U. Lassini. 2022. Investment property: Fair value or cost model? Recent evidence from the application of IAS 40 in Europe. Advances in Accounting (56): 100568.

Palmon, D. and L. J. Seidler. 1978. Current value reporting of real estate companies and a possible example of market inefficiency. The Accounting Review (July): 776-790.

Pozen, R. C. 2009. Is it fair to blame fair value accounting for the financial crisis? Harvard Business Review (November): 84-92.

Preinreich, G. A. D. 1936. The fair value and yield of common stock. The Accounting Review (June): 130-140.

Ramanna, K. 2008. The implications of unverifiable fair-value accounting: Evidence from the political economy of goodwill accounting. Journal of Accounting and Economics (August): 253-281.

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