Use of Fair Value Information

Paper details:
TOPIC: Use of Fair Value Information

Introduction(2.5 pages)
This paper aimed to discuss about the concept of fair value accounting, the difference between fair value accounting and historical cost accounting, how fair value accounting effect on financial statement, and fair value accounting alleged role in the financial crisis.
Then brief introduce the four subtitles.

Literature Search
1. What is fair value
Fair value definition and measurements under US GAAP and IFRS
Background for fair value reporting
Fair value evolutionary
Fair value characteristics?

2. Fair value vs. historical cost
Fair value: advantages and disadvantages

Historical cost: advantages and disadvantages

which one makes more sense

3. Effects on financial statements
Effects on Balance Sheet
Effects on Income statement
Effects on Cash Flow Statement
Manipulation of Financial Statements

4. The present financial crisis and Fair value accounting

Conclusion (2.5 pages)

20 References, Scholarly journals and full text, year 2005-2015

Requirements: total 30 pages, font size 12, double space, Times New Roman,
Plagiarism no more than 10%!!