Executive's Guide to Fair Value : Profiting from the New Valuation Rules

Executive s Guide to Fair Value: Profiting from the New Valuation Rules With today s unpredictable market conditions, the FASB increasingly requires U.S. corporations to mark more balance sheet items according to their "fair value," and in turn executives are required to become more "fluent" in the FASB s rulings on the use of fair values in financial reporting. As a result, investors need to know what an asset is currently worth, rather than what it was worth when it was acquired. But what exactly does fair value mean and what are its implications? A practical foundation to fair value for corporate financial officers and auditors, Executive s Guide to Fair Value: Profiting from the New Valuation Rules covers everything executives need to know about fair value—all in one accessible source—including: How the new fair value rules provide substantial room for potential manipulation of reported financial results Why the same asset can have several different fair values How valuations are tested in the real world of litigation An in depth look at accounting for M&A transactions Estimating the value of working capital Valuation of liabilities Fair value, property, plant and equipment, and Sarbanes Oxley Executive s Guide to Fair Value: Profiting from the New Valuation Rules takes a complex topic and demystifies it with practical advice and helpful knowledge, guiding executives with a trusted reference on the nuts and bolts of fair value financial disclosure. This one stop resource helps readers become familiar with the new rules of fair value and the impact these rules will have on both preparers and users of financial statements.