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1、外文题冃外文出处外文作者本科毕业论文（设计）外文翻译Fairvalueaccountingforfinancialinstrument：someimplicitionsforbankregulationWorkingpaper,UniversityofNorthCarolina・WayneR・Landsman原文:FairValueAccountingforFinancialInstruments:SomeImplicationsforBankRegulationIntroductionAccountingstandardssettersinmanyjur
2、isdictionsaroundtheworld,includingtheUnitedStates,theUnitedKingdom,Australia,andtheEuropeanUnion,haveissuedstandardsrequiringrecognitionofbalancesheetamountsatfairvalue,andchangesintheirfairvaluesinincome.Forexample,intheUnitedStates,theFinancialAccountingStandardsBoardrequiresrec
3、ognitionofsomeinvestmentsecuritiesandderivativesatfairvalue.Inaddition,astheiraccountingruleshaveevolved,manyotherbalancesheetamountshavebeenmadesubjecttopartialapplicationoffairvaluerulesthatdependonvariousadhoccircumstances,includingimpairment(eg,goodwillandloans)andwhetheraderi
4、vativeisusedtohedgechangesinfairvalue(e.g.,inventories,loans,andfixedleasepayments).TheFinancialAccountingStandardsBoardandtheInternationalAccountingStandardsBoard(hereafterFASBandIASB)arejointlyworkingonprojectsexaminingthefeasibilityofmandatingrecognitionofessentiallyallfinancia
5、lassetsandliabilitiesatfairvalueinthefinancialstatements.IntheUS,fairvaluerecognitionoffinancialassetsandliabilitiesappearstoenjoythesupporttheSecuritiesandExchangeCommission(hereafterSEC).InarecentreportpreparedforaCongressionalcommittee(SEC,2005),theOfficeoftheChiefAccountantoft
6、heSECstatestwoprimarybenefitsofrequiringfairvalueaccountingforfinancialinstruments.First,itwouldmitigatetheuseofaccounting-motivatedtransactionstructuresdesignedtoexploitopportunitiesforearningsmanagementcreatedbythecurrent"mixed-attribute"—parthistoricalcost,partfairvalues一accoun
7、tingmodel.Forexample,itwouldeliminatetheincentivetouseassetsecuritizationasameanstorecognizegainsonsaleofreceivablesorloans.Second,fairvalueaccountingforallfinancialinstrumentswouldreducethecomplexityoffinancialreportingarisingfromthemixedattributedmodel.Forexample,withallfinancia
8、linstrumentsmeasuredatfairvalue,t
