Dieter Wirtz explores the use of ‘fair value’ estimates, which is increasing worldwide as a result of businesses publishing their annual reports according to the international financial reporting standard (IFRS). Wirtz examines estimates based on two standards of the International Accounting Standards Board (IASB): IAS 36 ‘Impairment of Assets’ and IAS 40 ‘Investment Property’.
D. Wirtz, An Analysis of the Usefulness to Investors of Managers’ Fair Value Estimates of Firm Assets: Evidence from IAS 36 “Impairment of Assets” and IAS 40 “Investment Property”.
Prof. I. Goncharov (WHU - Otto Beisheim School of Management)
Prof. V.R. O'Connell
Free of charge