Authors:

  • George Serafeim
  • Paul M. Healy
  • Krishna Palepu

Excerpt

Subprime Crisis and Fair-Value Accounting. Paul Healy, Krishna Palepu, George Serafeim, November 2009, Paper, "This case examines the challenges in implementing fair value accounting for mortgage instruments, the role of accounting in the sub-prime crisis, and proposals for revising accounting standards given the crisis." Link