empirical examination of the potential procyclicality that fair value accounting (FVA) could introduce in bank balance sheets … refined disclosures can mitigate the procyclicality of FVA. Going forward, the valuation approaches for accounting …

This technical note outlines the differences between financial accounting standards and tax law that affect the … valuation of potential targets depending on the deal structure employed. Valuation models typically rely on financial accounting … information to estimate the value of the deal; but tax laws, not financial accounting standards, affect the after-tax cash flows …

informational roles of FCF payout in a perfect capital market and apply this framework to the well-known accounting valuation models … relevance. We conclude that, while research on accounting valuation models based on the assumption of payout valuation …

By employing two alternative measures of fundamental value, we re-examine the value relevance of accounting information …). Overall, we do not find evidence that there is a loss over time in the value relevance of accounting information with respect …