Fair value measurement

Fair value accounting continues to be a topic of significant interest and debate. With unprecedented market events, turmoil in the credit markets, and a downturn in the global economy in recent years, discussion of fair value has intensified. This discussion made clear the need for consistent fair value measurements in a global market. To that end, the 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.


Point of view

Fair value: The audit committee's role

6/10/15 | Assurance services

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

Accounting guides

Global Guide to Accounting for Fair Value Measurements - ASC 820

8/23/13 | Assurance services