TY  - JOUR
T1  - Fair Value Accounting Standard (IAS 39) Versus the Historical Costs Principle
AU - M. Masadah, Walid AU - Al-Omush, Ahmad AU - Shehab Shiyyab, Fadi 
JO  - International Business Management
VL  - 10
IS  - 2
SP  - 123
EP  - 128
PY  - 2016
DA  - 2001/08/19
SN  - 1993-5250
DO  - ibm.2016.123.128
UR  - https://makhillpublications.co/view-article.php?doi=ibm.2016.123.128
KW  - International Accounting Standards
KW  -Board
KW  -IAS 39
KW  -fair market value
KW  -historical cost
KW  -financial reporting
AB  - The International Accounting Standards Board and other financial statement users are often in conflict on which is a better financial reporting method, the fair value or the historical cost. This research is conducted by evaluation studies by agencies such as the United States Securities and Exchange Commissions on the use of fair value of entities. The findings indicated the usefulness of historical cost but global industrialization calls for the use of a uniform reporting standard among countries. The fair market value as
discussed in IAS 39 has risks associated on its' misapplication. Despite this, more financial statement users
favour the fair market value in financial reporting.
ER  -