Barth, Mary E.; Gomez-Biscarri, Javier; Kasznik, Ron; … - School of Economics and Business Administration, … - 2012
Fair value accounting in banking has been criticized for the increased volatility that it generates in some accounting … provide evidence that fair value gains in AFS assets have consistently been used for earnings and capital management and that … available-for-sale (AFS) securities allows for some degree of earnings and capital management: an AFS asset is reported at fair …