Both the FASB and the IASB have issued guidance on consistency in fair value measurements. Overall, that guidance provides a framework for measuring assets and liabilities at fair value as well as requiring robust disclosures around the judgments and inputs behind the measurements. Applying the guidance can be complex and requires significant judgment.
Develop a refined focus on fair value measurements.
Retain valuation and accounting specialists as needed.
Analyze systems and processes to get the right information for disclosures.
PwC is a trusted resource for helping public companies navigate their fair value reporting challenges. Our knowledge of the regulatory review process puts you in a stronger position to develop effective financial reporting and disclosure practices. This support can help you withstand regulatory scrutiny, anticipate potential areas of focus in future filings, and meet constantly evolving expectations for clear and transparent fair value reporting.