[Read free] Time Value of Money and Fair Value Accounting: Tools and Concepts






 | #2881338 in eBooks |  2012-05-15 |  2012-05-15 | File Name: B00OS63U3Q


||About the Author|Jae K. Shim is Professor of Business Administration at California State University, Long Beach, and a consultant for over twenty years. He is also president of the National Business Foundation.

Fair values are more common in financial reports because fair values have increased in
business importance in recent years. Increasingly elaborate financial instruments and
risk management practices have created financial statement elements for which
historical cost is almost irrelevant, and fair value, and fluctuations in fair value, are
extremely relevant.
According to the FASB’s recent guidance on fair value measurements ASC820-
10...


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