# Financial reporting

`kaal:entity:financial-reporting`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `financial-reporting`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 1 works, 2022 to 2022.

**2022**

- [4033886-003](https://wulfkaal.github.io/claims/4033886-003) [mechanism/argued] *(failure mode)* -- Although many traditional assets also resist full assessment, the absence of established pricing standards for digital assets makes the loss of valuation accuracy for financial reporting worse than in traditional markets.
  > While many traditional assets also cannot be fully assessed, the lack of valuation accuracy for financial reporting is exacerbated by the lack of established pricing standards for digital assets.
  Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022). SSRN: https://ssrn.com/abstract=4033886
- [4033886-004](https://wulfkaal.github.io/claims/4033886-004) [failure/argued] *(failure mode)* -- The accounting definition of fair value may not apply to digital assets, with the consequence that correct valuation of digital assets for financial reporting purposes may be impossible.
  > The definition of fair value under existing accounting terminology may not apply to digital assets.2 As a result, the correct valuation of digital assets may not be possible for financial reporting issues.
  Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022). SSRN: https://ssrn.com/abstract=4033886

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/financial-reporting.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.