Skip to main navigation Skip to main content
info(at)avldigital.remove-this.de
Deutsch English
Narrow Search
Search narrowed by
Last searches

Results for *

Displaying results 1 to 5 of 5.

  1. Accounting for financial instruments in the banking industry
    Author: Gebhardt, Günther; Reichardt, Rolf; Wittenbrink, Carsten
    Published: 2002
    Publisher:  Univ., Fachbereich Wirtschaftswiss., Frankfurt am Main

    Export to reference management software   RIS file
      BibTeX file
    Content information
  2. Financial instruments fair value accounting for (not against) the banking industry
    Author: Gebhardt, Günther; Reichardt, Rolf; Wittenbrink, Carsten
    Published: 2003
    Publisher:  CFS, Frankfurt am Main

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1251 (2003.21)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QB 910
    Series: CFS working paper ; 2003,21
    Subjects: Bankrechnungslegung; Universalbank; IFRS; Bilanzierungsgrundsätze; Fair-Value-Bilanzierung
    Scope: 44 S, graph. Darst
    Notes:
  3. Accounting for financial instruments in the banking industry
    Author: Gebhardt, Günther; Reichhardt, Rolf; Wittenbrink, Carsten
    Published: 2002
    Publisher:  Johann-Wolfgang-Goethe-Univ., Fachbereich Wirtschaftswiss., Frankfurt am Main

    Location:
    Niedersächsische Staats- und Universitätsbibliothek Göttingen
    Signature:
    2 : V Kz 260 -95-
    Inter-library loan:
    No inter-library loan

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    W 1055 (95)
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    B03-1092
    Inter-library loan:
    Unlimited inter-library loan, copies and loan
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Print
    RVK Categories: QK 810
    Series: Array ; 95
    Subjects: Bankrechnungslegung; Bilanzstrukturmanagement; Hedging; Bilanzierung; IFRS; Theorie; Welt
    Scope: 86 S, graph. Darst
    Notes:

    Literaturverz. S. 64 - 66
  4. Accounting for financial instruments in the banking industry: conclusions from a simulation model
    Author: Gebhardt, Günther; Reichardt, Rolf; Wittenbrink, Carsten
    Published: 2003
    Publisher:  Univ.-Bibliothek Frankfurt am Main, Frankfurt am Main

    Export to reference management software   RIS file
      BibTeX file
  5. Accounting for financial instruments in the banking industry
    conclusions from a simulation model
    Author: Gebhardt, Günther; Reichardt, Rolf; Wittenbrink, Carsten
    Published: 2003
    Publisher:  Center for Financial Studies, Frankfurt, Main

    The paper analyses the effects of three sets of accounting rules for financial instruments - Old IAS before IAS 39 became effective, Current IAS or US GAAP, and the Full Fair Value (FFV) model proposed by the Joint Working Group (JWG) - on the... more

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 108 (2003,21)
    Inter-library loan:
    No inter-library loan

     

    The paper analyses the effects of three sets of accounting rules for financial instruments - Old IAS before IAS 39 became effective, Current IAS or US GAAP, and the Full Fair Value (FFV) model proposed by the Joint Working Group (JWG) - on the financial statements of banks. We develop a simulation model that captures the essential characteristics of a modern universal bank with investment banking and commercial banking activities. We run simulations for different strategies (fully hedged, partially hedged) using historical data from periods with rising and falling interest rates. We show that under Old IAS a fully hedged bank can portray its zero economic earnings in its financial statements. As Old IAS offer much discretion, this bank may also present income that is either positive or negative. We further show that because of the restrictive hedge accounting rules, banks cannot adequately portray their best practice risk management activities under Current IAS or US GAAP. We demonstrate that - contrary to assertions from the banking industry - mandatory FFV accounting adequately reflects the economics of banking activities. Our detailed analysis identifies, in addition, several critical issues of the accounting models that have not been covered in previous literature.

     
    Export to reference management software   RIS file
      BibTeX file
    Content information
    Volltext (kostenfrei)
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/72631
    Edition: Revised: November 2003
    Series: CFS Working Paper ; 2003/21
    Scope: Online-Ressource (43 S.), graph. Darst.