Required minimum distribution alternatives for IRA beneficiaries
Accounting and Finance
The results indicate that the SFAS No. 107 fair value disclosures for investment securities, net loans, and long-term debt are value-relevant in explaining the market value of common equity for the sample banks. With respect to the hypothesized factors, firm size was found to have a statistically significant impact on the value-relevance of the disclosures for net loans and long-term debt. Additionally, the relative magnitude of the difference between the fair value and historical cost had a statistically significant effect on the value-relevance of the disclosure for investment securities and long-term debt. Finally, firm financial condition and the quality of a firm’s audit were found to have a statistically significant impact on the fair value disclosure for net loans.
Burilovich, L. (2011). Required minimum distribution alternatives for IRA beneficiaries. The Tax Adviser, 42(3), 178-180, 182-185.