When the Financial Accounting Standards Board’s User Advisory Council met in early April, the group heard about the board’s plan to issue a proposal for a new standard on disclosing information about ...

The Financial Accounting Standards Board (FASB) recently issued an Accounting Standards Update (Update) to (1) clarify guidance in Topic 820, Fair Value Measurement, on measuring the fair value of an ...

FASB Statement no. 157, Fair Value Measurements, introduces new concepts and practices to the world of financial reporting, including some that are beginning to impact the fair value measurements of ...

Fair value measurement has emerged as a central pillar of contemporary financial reporting, aiming to provide transparent, market-based valuations of assets and liabilities. Defined as the price at ...

Responding to the meltdown in the mortgage and credit markets, the Public Company Accounting Oversight Board has issued a staff audit practice alert to remind auditors of their responsibilities for ...

Your institution does not have access to this book on JSTOR. Try searching on JSTOR for other items related to this book. https://doi.org/10.2307/j.ctv2k058tw.4 https ...

The private credit market, which has grown rapidly in recent years, has increasingly come under the spotlight. Rarely a day goes by without a news story on the topic tackling issues around the quality ...

Where the field convenes. Privately. A curated private community for credentialed ethics, risk, and compliance leaders across the ECI and Compliance Week network. Ask the questions you can’t post ...

Roman Z. Matatov is with PKF O’Connor Davies, serving as a CFO for private business clients, and has a valuation and forensics background. In this four-part series of articles, I invite you to explore ...

Where the field convenes. Privately. A curated private community for credentialed ethics, risk, and compliance leaders across the ECI and Compliance Week network. Ask the questions you can’t post ...

What is fair value? Financial Accounting Standard 157 is quite prescriptive, defining it as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction ...