Wartość informacyjna bilansowej wyceny kredytów w warunkach globalnego kryzysu finansowego

• Authors: Edward Wiszniowski

Title variants

EN

INFORMATIVE VALUE OF THE BALANCE SHEET VALUATION OF LOANS IN THE CONDITIONS OF THE GLOBAL FINANCIAL CRISIS

• Languages of publication: PL

Abstracts

EN

Planned changes to IFRS 9, which will take effect as per 2013, forecast two models for pricing financial instruments: the amortised cost and fair value. The article discusses the essence of the amortised cost, and provides evidence for the fact that its use does not result in overstatement of the carrying value of financial instruments and that financial result is estimated using the precautionary principle. The condition of measurement of amortised cost using the effective interest rate is based upon the knowledge of the likely cash flows from the ownership of a financial instrument. The discussed pricing model, as opposed to fair value, is free from the risk of value manipulation because it is based on the terms of the contract (loan agreement).

Keywords

EN

INFORMATIVE VALUE; BALANCE SHEET; VALUATION OF LOANS; GLOBAL FINANCIAL CRISIS

• Publisher: Wydział Zarządzania - Uniwersytet Gdański
• Journal: Prace i Materiały Wydziału Zarządzania Uniwersytetu Gdańskiego
• Year: 2011
• Volume: 1
• Issue: 1
• Pages: 415-424

Contributors

author

Edward Wiszniowski

• Uniwersytet Ekonomiczny we Wrocławiu, Katedra Rachunkowości Finansowej i Kontroli