Accounting for Government Interventions in the Corporate Sector
Bergmann, Andreas (2011). Accounting for Government Interventions in the Corporate Sector: Consolidation to be revisited. Yearbook of Swiss Administrative Sciences, 2 51-61. Peer reviewed.
The financial reporting standards are providing sufficient guidance for basically all aspects of government interventions into the corporate sector during the financial crisis. However, adoption is reluctant and information available therefore scarce and not comparable. Perhaps the only area which really needs to be revisited on standards level, is consolidation. In this area, standards do not provide a generally acceptable and satisfactory solution.