1.1. Introduction 1.2. Background Information About The Financial Crisis 1.3. Features Of The Financial Crisis 1.3.

1. Features Of The Financial Crisis And FVA 1.4. The Debate On The Role Of FVA In The Financial Crisis 1.4.1. Studies On FVA In The Financial Crisis 1.5.

Concluding Remarks 2. Fair Value Accounting (FVA): An Overview On Key Issues 2.1. Introduction 2.2. Fair Value In Contemporary Accounting Standards 2.3. Theoretical Foundations Underlying FVA 2.

4. Definition Of Fair Value 2.5. The Use Of FVA: Fair Value Hierarchy 2.5.1. Fair Value Hierarchy In US GAAP 2.5.

2. Fair Value Hierarchy In IAS/IFRS 2.6. The Use Of Fair Value In IAS/IFRS 2.6.1. Fair Value Measurement For Financial Instruments 2.7.

Historical Cost Accouting (HCA) 2.8. FVA Versus HCA 2.8.1. FVA Versus HCA Within A Financial Crisis 2.9. Concluding Remarks 3.

The Role Of Fair Value Accounting (FVA) In The Financial Crisis 3.1. Introduction 3.2. FVA And Implications In The Financial Crisis 3.3. Fair Value In Normal Economic Conditions 3.3.

1. Relevance Versus Reliability 3.4. Fair Value In Financial Crisis Conditions 3.4.1. Criticisms On Fair Value 3.5.

Key Observations On Fair Value Arising From The Financial Crisis: Volatility And Pro-Cyclicality 3.5.1. Fair Value And Volatility 3.5.2. Fair Value And Pro-Cyclicality 3.6.

Concluding Remarks 4. Fair Value Accounting (FVA) In Banking Sector 4.1. Introduction 4.2. The Impact Of FVA On Banks' Financial Statements 4.2.1.

FVA And Increased Volatility Of Information In Financial Statement 4.3. FVA And Volatility In Earnings And Regulatory Capital 4.4. FVA And Financial Stability 4.5. Practical Implications And Perspectives For FVA 4.6.

Lessons From The Financial Crisis 4.7. Concluding Remarks.