금융상품 및 공정가치의 성경적 이해와 사례연구

This study analyzes and understands financial instruments and fair values ​​from a biblical perspective, and then examines financial instruments and fair values ​​currently used in the International Financial Reporting Standards(IFRS) and related cases. In the Old Testament times, financial instruments did not appear, but they were valued as it is said, “In that day, wherever there were vines worth a thousand silver and a thousand silver, briers and thorns will grow” (Isaiah 7:23). In the New Testament era, monetary economy was already common, and like the parable of the steward (Luke 16) and the talents (Matthew 25) that Jesus spoke of, the concepts of investment and interest existed. Also, as the saying goes, “You shall use fair scales, and a fair ephah, and a fair bath” (Ezekiel 45:10), fairness is an important factor in the measurement of value. Recently, as the capital market has become increasingly complex and various financial instruments are emerging, a tool for measuring the fair value of these financial instruments is needed. This study examines in detail the IFRS, tools for measuring financial instruments and fair value, and seeks a biblical interpretation through examples of actual companies' fair value measurement of financial instruments. This study suggests that managers should have the necessary stewardship responsibility to recognize the fair value of financial instruments in the financial statements. This will help improve transparency in the capital markets.