Gebhardt, Günther; Reichardt, Rolf; Wittenbrink, Carsten - Center for Financial Studies - 2003
The paper analyses the effects of three sets of accounting rules for financial instruments - Old IAS before IAS 39 became effective, Current IAS or US GAAP, and the Full Fair Value (FFV) model proposed by the Joint Working Group (JWG) - on the financial statements of banks. We develop a...
