Certainly, a non-complex instrument that is highly liquid with an observable market price is easier to value with more precision than a highly complex, illiquid instrument. Accountants are being asked to know more than just the proper classification of assets and liabilities, but also the appropriate way to value assets and liabilities.
Getting the Green Deal done: how to mobilize sustainable finance”, 11  See Papoutsi, M., Piazzesi, M. and Schneider, M. (2021) “How unconventional is green monetary policy?”, JEEA-FBBVA Lecture at ASSA (January 2021), Working paper. 14. Based on Eurostat national accounts, sector capital income is defined as the difference between gross value-added and compensation of employees for each sector at year-end 2017. 15.