Abstract
As a structured medium, financial statements intend to provide decision-useful financial accounting information for investors (Guay et al., 2016). Due to the growing complexity of accounting rules, the requirements for these financial statement information have strongly increased over the past 15 years, resulting in a potential disclosure overload for investors (Guay et al., 2016; Siegel, 2018). Consequently, the Financial Accounting Standards Board (FASB) made the improvement of disclosure effectiveness one of their main goals and initiated the disclosure framework project (Siegel, 2018). Financial statement information is considered effective when the presented information is reliable and decision-useful (IASB, 2015).
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
Copyright information
© 2019 Springer Fachmedien Wiesbaden GmbH, part of Springer Nature
About this chapter
Cite this chapter
Herrmann, T. (2019). Introduction. In: The Decision Usefulness of Additional Fair Value Disclosures. Controlling und Rechnungslegung - Managerial and Financial Accounting. Springer Gabler, Wiesbaden. https://doi.org/10.1007/978-3-658-24832-1_1
Download citation
DOI: https://doi.org/10.1007/978-3-658-24832-1_1
Published:
Publisher Name: Springer Gabler, Wiesbaden
Print ISBN: 978-3-658-24831-4
Online ISBN: 978-3-658-24832-1
eBook Packages: Business and ManagementBusiness and Management (R0)