Title

Double-teaming in Excel; Spreadsheets now can solve tougher calculations

Document Type

Article

Publication Date

2005

Department

Accounting and Finance

Abstract

This study examines the impact of hypothesized factors on the value-relevance of SFAS No. 107 fair value disclosures. These factors include firm size, the relative magnitude of the difference between the fair value and the historical cost measurements for each financial instrument, firm financial condition, and the quality of a firm’s financial statement audit. A pooled valuation model is employed on the sample of 867 firm years for banks and bank holding companies during the period of 1996 and 1997.