Fair Value Measurements : Practical Guidance and Implementation

by Mark L. Zyla

• ISBN13: 9780470588758
• ISBN10: 0470588756
• Format: eBook
• Copyright: 2009-12-01
• Publisher: Wiley

Summary

Praise for Fair Value Measurements: Practical Guidance and Implementation"Writing Fair Value Measurements was a monumental task fraught with controversy not only in the U.S. but also abroad.? Having coauthored a book with Mark as well as written one myself, I was even more impressed that Mark was able to navigate these fair value minefields and produce a work that will be a tremendous help to accountants and non-accountants alike.? If you are looking for a 'one-stop' book on fair value measurements, this is it!" -Neil J. Beaton, CPA/ABV, CFA, ASA, National Partner in Charge, Valuation Services, Grant Thornton LLP"In recent years, the FASB and the IASB have added many requirements for various assets and liabilities to be measured at fair value. ?In this book, Zyla clearly describes how to implement these fair value measurements and how investors and creditors should interpret them. The crisp writing and illuminating analysis will help readers to grasp the essence of fair value accounting and to apply it wisely." -J. Edward Ketz, Associate Professor of Accounting, Pennsylvania State UniversityA hands-on guide for financial executives needing to understand the fair value measurement processIn basic, nontechnical language, Fair Value Measurements: Practical Guidance and Implementation will help all financial executives and auditors succeed in understanding the fair value accounting rules that corporations must follow. The result is a resource that professionals can rely on to understand the importance of valuation and the concepts that define it.Filled with practical direction for best practices of financial valuation as well as for understanding the many FASB pronouncements involving fair value, Fair Value Measurements: Practical Guidance and Implementation brings senior-level executives up to speed on what fair value really means.

Table of Contents

Preface

Acknowledgments

About the Author

Fair Value Accounting

Fair Value Accounting and the Current Economic Crisis

Fair Value Measurements in Business Combinations and Subsequent Testing for Impairment

The Nature of Intangible Assets

The Cost Approach

The Market Approach

The Income Approach

Advanced Valuation Methods for Measuring the Fair Value of Intangible Assets

Measuring the Remaining Useful Life of Intangible Assets in Financial Reporting

Fair Value Measurements of Private Equity and Other Alternative Investments

Fair Value Measurements under IFRSs

Disclosures in Fair Value Measurements

Auditing Fair Value Measurements

Fair Value Measurement Case Study

Suggested Case Study Solutions

Information Request-SFAS 142

Information Request for Business Combinations-SFAS 141R

Glossary of International Business Valuation Terms

Bibliography

Index

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