• xmlui.mirage2.page-structure.header.title
    • français
    • English
  • Help
  • Login
  • Language 
    • Français
    • English
View Item 
  •   BIRD Home
  • DRM (UMR CNRS 7088)
  • DRM : Publications
  • View Item
  •   BIRD Home
  • DRM (UMR CNRS 7088)
  • DRM : Publications
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Browse

BIRDResearch centres & CollectionsBy Issue DateAuthorsTitlesTypeThis CollectionBy Issue DateAuthorsTitlesType

My Account

LoginRegister

Statistics

Most Popular ItemsStatistics by CountryMost Popular Authors
Thumbnail - Request a copy

The secret past of fair value : lessons from history applied to the French case

Richard, Jacques (2004), The secret past of fair value : lessons from history applied to the French case, Accounting in Europe, 1, 1, p. 95-107

Type
Article accepté pour publication ou publié
Date
2004
Journal name
Accounting in Europe
Volume
1
Number
1
Publisher
Routledge
Pages
95-107
Metadata
Show full item record
Author(s)
Richard, Jacques
Abstract (EN)
This article reviews the present state of the debate in France on the introduction of IFRS. It suggests that history shows that market value was the dominant approach to balance sheet valuation in the nineteenth century, and analyses the ultimate replacement of static theory, using market values, by dynamic theory, which is based on historical cost and the going concern and permits the systematic write-off of assets, and allows more regular payment of dividends. The article suggests that IFRS, based on a mixture of fair value and value in use, assumes a valuation of companies based on their future profitability, hence the description of the approach as forward-looking accounting.
Subjects / Keywords
Aspects historiques; Juste valeur; France; Normes comptables internationales; Fair value
JEL
M41 - Accounting
M49 - Other

Related items

Showing items related by title and author.

  • Thumbnail
    The concept of fair value in French and German accounting regulations from 1673 to 1914 and its consequences for the interpretation of the stages of development of capitalist accounting 
    Richard, Jacques (2005-08) Article accepté pour publication ou publié
  • Thumbnail
    The nosology of systemic sclerosis: how lessons from the past offer new challenges in reframing an idiopathic rheumatological disorder 
    Lescoat, Alain; Cavalin, Catherine; Ehrlich, Rodney; Cazalets, Claire; Ballerie, Alice; Belhomme, Nicolas; Coiffier, Guillaume; de Saint Riquier, Marine; Rosental, Paul-André; Hachulla, Eric; Sobanski, Vincent; Jégo, Patrick (2019) Article accepté pour publication ou publié
  • Thumbnail
    Towards an Understanding of the Phases of Goodwill Accounting in Four Western Capitalist Countries: From Stakeholder Model to Shareholder Model 
    Stolowy, Hervé; Richard, Jacques; Ding, Yuan (2008-01) Article accepté pour publication ou publié
  • Thumbnail
    Valuing financial assets out of markets: a case for disconnecting the valuation function from the exchange function of financial markets 
    Charron, Jacques-Olivier (2013-07) Communication / Conférence
  • Thumbnail
    The dangerous dynamics of modern capitalism: From static to IFRS’ futuristic accounting 
    Richard, Jacques (2014) Article accepté pour publication ou publié
Dauphine PSL Bibliothèque logo
Place du Maréchal de Lattre de Tassigny 75775 Paris Cedex 16
Phone: 01 44 05 40 94
Contact
Dauphine PSL logoEQUIS logoCreative Commons logo