Fair valuing debt turns deteriorating credit quality into positive signals for Boston Chicken

Accounting Horizons

Volumn 16, Issue 2, 2002, Pages 169-181

  Lipe, Robert C ^a  

^a UNIVERSITY OF OKLAHOMA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 23744433873     PISSN: 08887993     EISSN: 15587975     Source Type: Journal    
DOI: 10.2308/acch.2002.16.2.169     Document Type: Note

References (18)

1. American Accounting Association Financial Accounting Standards Committee. 2001. Response to Joint Working Group of Standard Setters' invitation to comment on Recommendations on Accounting for Financial Instruments and Similar Items. June. Available at: http://accounting.rutgers.edu/raw/aaa/about/committe/fasc/jwgfairvalues.pdf.
2. Barth, M. E., W. H. Beaver, and W. R. Landsman. 1996. Value-relevance of banks' fair value disclosures under SFAS No. 107. The Accounting Review (October): 513-537.
3. Boston Chicken. 1998. 10-K report filed with the SEC. March 30. Available at: http://www.sec.gov/ Archives/edgar/data/894751/0000927356-98-000477.txt.
4. Boston Chicken. 2000. 8-K Report filed with the SEC. January 18. Available at: http://www.sec.gov/Archives/ edgar/data/894751/0000927356-00-000061.txt.
5. Browning, E. S. 2002. Burst bubbles expose cooked books, bring SEC probes and bankruptcies. Wall Street Journal (February 11).
6. Crooch, G. M., and W. S. Upton. 2001. Credit standing and liability measurement. Understanding the Issues 4, Series 1. Norwalk, CT: FASB.
7. Financial Accounting Standards Board (FASB). 1977. Accounting by Debtors and Creditors for Troubled Debt Restructurings. Statement of Financial Accounting Standards No. 15. Norwalk, CT: FASB.
8. Financial Accounting Standards Board (FASB). 1984. Recognition and Measurement in Financial Statements of Business Enterprises. Statement of Financial Accounting Concepts No. 5. Norwalk, CT: FASB.
9. Financial Accounting Standards Board (FASB). 1991. Disclosures about Fair Value of Financial Instruments. Statement of Financial Accounting Standards No. 107. Norwalk, CT: FASB.
10. Financial Accounting Standards Board (FASB). 1993. Accounting for Certain Investments in Debt and Equity Securities. Statement of Financial Accounting Standards No. 115. Norwalk, CT: FASB.
11. Financial Accounting Standards Board (FASB). 1999. Preliminary views on major issues related to reporting financial instruments and certain related assets and liabilities at fair value. December 14. Norwalk, CT: FASB.
12. Financial Accounting Standards Board (FASB). 2000a. Using Cash Flow Information and Present Value in Accounting Measurements. Statement of Financial Accounting Concepts No. 7. Norwalk, CT: FASB.
13. Financial Accounting Standards Board (FASB). 2000b. Accounting for Financial Instruments with Characteristics of Liabilities, Equity, or Both. Exposure Draft. Norwalk, CT: FASB.
14. Joint Working Group of Standard Setters (JWG). 2000. Recommendations on Accounting for Financial Instruments and Similar Items. Financial Accounting Series No. 215.A. Norwalk, CT: FASB.
15. Mulford, C. W. 1985. The importance of a market value measurement of debt in leverage ratios: Replication and extensions. Journal of Accounting Research (Autumn): 897-906.
16. Nelson, K. K. 1996. Fair value accounting for commercial banks: An empirical analysis of SFAS No. 107. The Accounting Review (April): 161-182.
17. Parker, P. 1997. Boston Chicken sued in stock drop. The Denver Post (June 25).
18. Schine, E. 1996. The squawk over Boston Chicken. Business Week (October 21).