Proceedings of the 3d International Conference on Applied Social Science Research

The nominal price analysis of trading financial assets at fair value

Authors
Bayi Guan, Xuejie Wang, Zhanli Shang, Zhongquan Chen
Corresponding Author
Bayi Guan
Available Online August 2016.
DOI
https://doi.org/10.2991/icassr-15.2016.282How to use a DOI?
Keywords
trading financial assets; fair value; recognition; nominal price; rationality
Abstract
Recognizing trading financial assets at their fair value facilitates quick transaction and convenient accounting, however, it causes uncertainty in terms of reasonable price, validity of market and involvement of investors. On some levels, the determination of fair value is subjective and artificial to a large extent and lacking in objectivity. Assets recognition seemingly rational based on financial reports does not result in valid inflow of funds or turn trading financial assets into equivalent monetary funds. Conducting an analysis on the nominal price of trading financial assets is a re-visit of the prudence principle of accounting as well as an interpretation of rationality of fair value recognition.
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Proceedings
3d International Conference on Applied Social Science Research (ICASSR 2015)
Part of series
Advances in Intelligent Systems Research
Publication Date
August 2016
ISBN
978-94-6252-148-3
DOI
https://doi.org/10.2991/icassr-15.2016.282How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Bayi Guan
AU  - Xuejie Wang
AU  - Zhanli Shang
AU  - Zhongquan Chen
PY  - 2016/08
DA  - 2016/08
TI  - The nominal price analysis of trading financial assets at fair value
BT  - 3d International Conference on Applied Social Science Research (ICASSR 2015)
PB  - Atlantis Press
UR  - https://doi.org/10.2991/icassr-15.2016.282
DO  - https://doi.org/10.2991/icassr-15.2016.282
ID  - Guan2016/08
ER  -