Articles for October 2015

Dollars on scale

Fair value disclosure issues common to financial statements

The standards on fair value measurements and disclosures can prove challenging to understand and implement.

It would be wise at this point to focus on some common issues or shortcomings related to complying with the standards on fair value disclosures.

Fair Value Hierarchy and Reconciliation

In many cases, financial statements fail to disclose the fair value hierarchy and the level at which fair value items are valued (inputs).

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