Fair value measurement

Fair value accounting continues to be a topic of significant interest and debate. Fair value guidance is a principles-based global framework that, with few exceptions, impacts all fair value measurements in a reporting entity’s financial statements.

Fair value: The audit committee's role

6/10/15

PwC discusses audit committee oversight of fair value measurement, a subjective estimate that may increase financial reporting risk. Read more

In brief: Classification and measurement – FASB issues final standard

01/07/16

FASB issues classification and measurement standard, which will significantly impact accounting for equity investments.

In brief: Fair value disclosures - FASB proposes enhancements

12/07/15

PwC describes the FASB proposal to improve fair value disclosures. Proposed changes would affect all industries.

In brief: Classification and measurement of financial instruments effective date set

11/18/15

The FASB has decided upon the effective dates for the Financial Instruments: Classification and Measurement standard.

Fair value measurements - 2015 global edition

08/09/15

PwC's popular global guide to fair value measurements helps entites apply U.S. GAAP and IFRS related to fair value, ASC 820, and IFRS 13.

Financial statement presentation guide - 2014 second edition (July 2015)

07/22/15

PwC's popular Financial statement presentation guide addresses U.S. GAAP presentation and disclosure requirements of common balance sheet and income statement accounts.

In depth: Investments using NAV practical expedient removed from fair value hierarchy

06/29/15

Entities no longer need to include investments valued using NAV as a practical expedient in the fair value hierarchy.

Point of view: Fair value: The audit committee's role

06/10/15

PwC discusses audit committee oversight of fair value measurement, a subjective estimate that may increase financial reporting risk.

In brief: GASB issues fair value measurement standard

03/01/15

GASB's newly released Statement No. 72 prescribes how governments should define and measure fair value.

In depth: Classification and measurement of financial instruments – What to expect

02/25/15

PwC's summary of the FASB's completed deliberations on its classification and measurement project and its implications.

PwC comments on proposals for measuring quoted investments at fair value

02/02/15

PwC agrees that the unit of account should be the investment as a whole.