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Research in Fair Value and Bank Accounting

  • Teacher(s):   M.Dong  
  • Course given in: English
  • ECTS Credits: 3 credits
  • Schedule: Autumn Semester 2022-2023, 2.0h. course (weekly average)
  •  sessions
  • site web du cours course website
  • Related programme: Master of Science (MSc) in Accounting, Control and Finance
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Accounting and financial reporting for bank and financial institutions are rather challenging than those for nonfinancial firms since banks activities and transactions often stress existing accounting standards. In additon, banks should comply with specific regulations.

In this course, we survey research on banks' financial accounting and reporting. After providing a brief background of the accounting theories and regulatory institutions, we review the main streams of empirical research in the field. Specifically, we review the studies about banks accounting treatment of valuation for financial instruments and risk assessment, as well as banks’ discretion engaged in regulatory capital and earnings management. We will learn how to investigate banks’ economic decisions under IFRS and Basel rules. We also discuss some recent research on ESG for banks.

This course also serves for guiding the students to prepare their own Master thesis.


The course is structured in two main parts:

Part 1: Overview of research in bank accounting

  • How to prepare a research project
  • Background knowledge and theory

Part 2: Review literature on specific topics

  • Accounting discretion to manage earnings and regulatory capital
  • Valuation and risk relevance of bank accounting
  • ESG studies on banking

Part 3: Own research plan


  • BL: Beatty, A. S. Liao, 2014. Financial Accounting in the Banking Industry : A Review of the Empirical Literature, Journal of Accounting and Economics 58 (2), 339-383.
  • RS: Ryan, S. 2007. Financial Instruments and Institutions, Accounting and Disclosure Rules. 2nd Edition. Hoboken, New Jersey: John Wiley and Sons, Inc.
  • other research papers provided at course moodle.


  • Knowledge on Basel rules
  • Accounting treatment for financial instruments under IFRS
  • General knowledge on banking industry and banks' reporting


First attempt

Without exam (cf. terms)  
  • Group assessment of discussing a research paper: presentation & question answering (30%);
  • Individuel evaluation: research project presentation and participation (70%).


Without exam (cf. terms)  

Written report to discuss a research paper: 30%,

Individuel research project: 70%.

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