The conceptual deficiencies of the fair value accounting theory make it a poor choice for most companies as an accounting standard.

"Fair Value" accounting is not a fact. It is a theory that has had enormously damaging real world results.

Companies should be permitted to publish pre-fair-value accounting statements as well as marked-to-market balance sheets, which would offer investors multiple perspectives on firms' financial health.

Theunfair and faulty"fair-value" accounting theory isdetrimental to themarket economy.

An analysis of why current public sector pension accounting standards understate liabilities and encourage excessive risk-taking

The debate about fair value accounting has only intensified since the financial crisis began.

The financial regulation bill proposed by Senator Chris Dodd could result in massive costs, which will ultimately be paid for by taxpayers.

All Sarbanes-Oxley's efforts to control risk did not avoid the tremendous financial bubble and bust of the last several years.