Maroun, Warren; Van Zijl, Wayne - In: Accounting forum 46 (2022) 3, pp. 215-240
historical cost accounting and flexible adherents to fair value accounting. Contrary to expectations, the former do not reject … that historical cost advocates are reluctant but obedient adopters of fair value accounting. Flexible adherents also resist … greater risk to auditors, regulators and standard setters than do "dissidents" advocating for historical cost accounting …