Fair Value for Financial Reporting

<b>Is Purchase Price Equal to Fair Value?</b> <p>With the FASB changing the requirements for increasing categories of assets and liabilities to be shown at current fair value, <i>Fair Value for Financial Reporting</i> answers this and other pertinent questions with crystal clarity. Alfred King, a top expert in the field, provides financial executives and auditors with a deep understanding of fair value reporting, the appraisal process, and appraisal services, and demystifies this topic with practical advice and helpful knowledge, making it a trusted reference on the ins and outs of fair value financial disclosure.</p> <p><i>Fair Value for Financial Reporting</i> highlights the accounting and auditing requirements for fair value information and offers a detailed explanation of how the FASB is going to change “fair value” with topics including: the FASB’s fair value proposals; determining the fair value of intangible assets; whether fair value can truly be audited; valuation of liabilities and contingent payments; valuation of hard assets and real estate; why two appraisers come up with different results; auditing of valuation reports; and selecting and working with an appraiser.</p>