OECD Journal on Budgeting

Frequency
3 times a year
ISSN: 
1681-2336 (online)
ISSN: 
1608-7143 (print)
http://dx.doi.org/10.1787/16812336
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The OECD journal on public sector budgeting, published three times per year. It draws on the best of the recent work of the OECD Working Party of Senior Budget Officials (SBO), as well as special contributions from finance ministries, and makes it available to a wider community in an accessible format. The journal provides insight on leading-edge institutional arrangements, systems and instruments for the allocation and management of resources in the public sector. Now published as a part of the OECD Journal subscription package.

Also available in French
Article
 

Fixing fair value accounting You do not have access to this content

English
 
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    http://oecd.metastore.ingenta.com/content/4209021ec004.pdf
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Author(s):
Peter J. Wallison
18 Dec 2009
Pages:
8
Bibliographic information
No.:
24,
Volume:
9,
Issue:
2
Pages:
1–8
http://dx.doi.org/10.1787/budget-9-5ks72wvj5lmw

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The concept of fair value accounting was introduced in 1993 to make financial statements easier to compare and balance sheets more reflective of real values. This article discusses the true consequences of fair value accounting and its impact on the stability of financial institutions.

By Peter J. Wallison, American Enterprise Institute
 
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