Accounting and Policy Debates

Research on Fair Value Accounting and the Credit Crisis, and on whether International Financial Reporting Standards make sense for the US.

Global Accounting Convergence and the Potential Adoption of IFRS by the United States
By Luzi Hail, Christian Leuz, and Peter Wysocki

Did Fair-Value Accounting Contribute to the Financial Crisis?
By Christian Laux and Christian Leuz

The Crisis of Fair Value Accounting: Making Sense of the Recent Debate
By Christian Laux and Christian Leuz