http://www.inquiriesjournal.com/keyword/accounting Inquiries Journal provides undergraduate and graduate students around the world a platform for the wide dissemination of academic work over a range of core disciplines. en-us Thu, 14 May 2026 02:41:07 -0400 Thu, 14 May 2026 02:41:07 -0400 http://www.inquiriesjournal.com/articles/863/a-stakeholders-perspective-on-the-implications-of-ifrs-and-fair-value-accounting-on-valuation-of-securities By Glynis Milne - Due to the complexity of modern financial instruments, accurate valuation can prove difficult even in optimal market conditions. Traditionally International Financial Reporting Standards (IFRS) have allowed securities to be valued based on their historical cost, which results in financial instruments being held on the books at the initial cost paid, until the point at which they are sold. However, this practice may be viewed as problematic when the market value of the financial instrument has not appreciated. Furthermore, market valuation becomes even more difficult to substantiate in illiquid... Mon, 30 Sep 2013 04:36 EDT http://www.inquiriesjournal.com/articles/863/a-stakeholders-perspective-on-the-implications-of-ifrs-and-fair-value-accounting-on-valuation-of-securities