Fair Value or Market Value?
Abstract
When taking into consideration the issue of defining the “fair value†concept, those less experimented in the area often fall in the “price trapâ€, which is considered as an equivalent of the fair value of financial structures. This valuation basis appears as a consequence of the trial to provide an “accurate image†by the financial statements and, also, as an opportunity for the premises offered by the activity continuing principle. The specialized literature generates ample controversies regarding the “fair value†concept and the “market value†concept. The paper aims to debate this issue, taking into account various opinions.References
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*** Legea contabilităţii nr. 82/1991, republicată
*** OMFP 3055/2009.
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