Stay on top of Q1 accounting and financial reporting developments
Determine fair value under US GAAP (ASC 820) and IFRS 13
Fair value accounting continues to be a topic of significant interest, with the focus shifting to how management and auditors support valuations, and how fair value is disclosed in the financial statements.
The guidance modifies fair value disclosures for both public and private companies, removing some disclosure requirements and modifying others, for both public and private companies. In addition, public companies are subject to some new disclosure requirements.