STATEMENT ON AUDITING STANDARDS (SAS) NO. 101, Auditing Fair Value Measurements and Disclosures, gives auditors guidance on understanding how an entity’s management calculates fair value and on ...

The Financial Accounting Standards Board has decided to require companies to measure cryptocurrency assets at fair value. FASB discussed during a meeting Wednesday how entities that hold crypto assets ...

To adopt FASB Statement no. 159, companies must comply with the requirements of Statement no. 157, Fair Value Measurements . Companies and their auditors must consider whether the use of fair value ...

The Governmental Accounting Standards Board today published a post-implementation review report on GASB Statement No. 72, Fair Value Measurement and Application. Processing Content The report, issued ...

Estimating fair value for Berkshire Hathaway has historically been relatively straightforward, with book value as a reasonable starting point. However, there was a period in 1998 when the market ...