Fair Value Accounting: Tools and Concepts,CPE

Course: Fair Value Accounting: Tools and Concepts

Author: Dr. Jae Shim-Delta Publishing

Course ID: AACDPFVA

CPE Hours: 4.5
Format: PDF

Course Description:

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.

Price: $38.50

Delivery: Internet/Interactive

NASBA Category: Accounting

Learning Objectives

After studying this course, you will be able to:

State the need for fair values in financial reporting.
Define fair value and outline the fair value principle.
Outline the framework of SFAC No. 7, Using Cash Flow Information and Present Value in Accounting.
Identify where fair values are used in the financial statements.
Discuss what involves fair value measurements.
Describe the valuation concepts used in determining fair value.
Use a variety of valuation models.
Prepare the Level 1, Level 2, and Level 3 fair value disclosures required under FASB ASC 820, Fair Value Measurements and Disclosures.

Level: Overview

Prerequisites:None

Updated/Revised: October 2011

Price:

$38.50