公允价值会计【外文翻译】

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1、本科毕业设计（论文）外文翻译外文题目FairValueAccounting外文出处FairValueAccounting[J].FederalReserveBulletin,2005.91(1):26—29.外文作者苏珊.施密特原文:FairValueAccountingAdaptedfromremarksbySusanSchmidtBies，Member，BoardofGovernorsoftheFederalReserveSystem，totheInternationalAssociationofCr

2、editPortfolioManagersGeneralMeeting，November18，2004.Goodmorning.IappreciatetheopportunitytoparticipateinyourFallGeneralMeeting.AsmycolleaguesattheFinancialAccountingStandardsBoard(FASB)andtheInternationalAccountingStandardsBoard(IASB)willagree，fairvalueac

3、countingposesmanychallengesandhassparkedsignificantindustrydebate.ThesubjectoffairvalueaccountinghasbeendiscussedintheUnitedStatesforwelloveradecade.Advocatesoffairvalueaccountingbelievethatfairvalueisthemostrelevantmeasureforfinancialreporting.Othersbeli

4、evethathistoricalcostprovidesamoreusefulmeasurebecauseitmoreclearlyrepresentstheeconomicsofbusinessperformanceandbecausefairvalueestimatesnotbereliableorverifiable.So，whichismoreappropriate—fairvalueorhistoricalcost?LetmesharewithyoutheFederalReserve'slon

5、g-standingpositiononthisissue.AsasupervisoroftheU.S.bankingsystem，wewanttoensurethatfinancialinstitutionsfollowsoundaccountingpoliciesandpractices.Wecontinuetosupportimprovedtransparencyandenhancedfinancialdisclosures，whichpromotemarketdisciplineandprovid

6、eusefulinformationtodecisionmakers.Wealsosupportfairvalueaccountingforassetsandliabilitiesusedinthebusinessofshort-termtradingforprofit，suchasthetradingaccountforbanks.Wesupportenhanceddisclosuresoffair-value-basedinformationaspartofbroaderdescriptionsofr

7、iskexposuresandriskmanagement.webelievethattheaccountingindustryshouldbeverycarefulbeforemovingtowardamorecomprehensivefairvalueapproach，whereallfinancialassetsandliabilitiesarerecordedonthebalancesheetatfairvalueandchangesinfairvaluearerecordedinearnings

8、,whetherrealizedornot.TheFASBrecendyissuedaproposedstandardonfairvaluemeasurementsthatprovidesageneralframeworkforvaluingassetsandliabilitiesthatarecurrendymeasuredordisclosedatfairvalue.'Atthistime，itdoesnotexpandt