Operations forensics -- What financial statements may or may not reveal -- Indicators of accounting performance -- Indicators of stock market performance -- Indicators of disruption -- Indicators of distress -- The many facets of due diligence -- Assessing the customer base -- Assessing lean...

This conceptual paper discusses the impact of fair value accounting practices on performance of commercial banks in relation to the established banking theories i.e. Credit creation, fractional reserve and financial intermediation theory. These theories are discussed in view of historical cost...