Fair Value Accounting – Overview

Price: $52.23

CPE Credits: 5.5

Category: ,

Course Number: AAFAIRMW

fair value accounting cpe

Description:
Numerous FASB Standards have been issued requiring certain items to be measured and reported at “fair value” on the Balance Sheet. Prior to the release of ASC 820 Fair Value Measurements and Disclosures (formerly known as SFAS 157), the concept of “fair value” had never been formally defined in U.S. accounting literature. Since its issuance in September 2006, ASC 820 has become one the most controversial accounting standards ever released.

This course provides a conceptual review of fair value accounting, as outlined in ASC 820 and other U.S. accounting standards. This course will also provide an overview of the authoritative guidance for auditing fair value measurements and disclosures, SAS No. 101.   Table of Contents
 Your CPE Certificate will display 5.0  Hours in Accounting and  .5  Hour in Audit.

Delivery Method: QAS  Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Author: Michael Walker, CPA

Publication: April 2014
Update:  August 2018

Format: PDF
Pages: 137

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Define ‘fair value’ and explain the fair value framework & hierarchy included in ASC 820Fair Value Measurements and Disclosures.
  • Identify the roles that management and the auditor have in the fair value measurement process.
  • Recognize the key aspects of the fair value option.
  • Recognize the limitations of fair value accounting.

 

“Overall Course Rating: 5 Stars: “This was probably the most technical course I have taken. I was very pleased that the course walked me through the objectives very thoroughly and questions to test my learning were well written and thoughtful. Good job! ” Cheryl Y. 10/4/2018

5 Star CPE Rating

Description:
Numerous FASB Standards have been issued requiring certain items to be measured and reported at “fair value” on the Balance Sheet. Prior to the release of ASC 820 Fair Value Measurements and Disclosures (formerly known as SFAS 157), the concept of “fair value” had never been formally defined in U.S. accounting literature. Since its issuance in September 2006, ASC 820 has become one the most controversial accounting standards ever released.

This course provides a conceptual review of fair value accounting, as outlined in ASC 820 and other U.S. accounting standards. This course will also provide an overview of the authoritative guidance for auditing fair value measurements and disclosures, SAS No. 101.   Table of Contents
 Your CPE Certificate will display 5.0  Hours in Accounting and  .5  Hour in Audit.

Delivery Method: QAS  Self Study.

Level: Overview.

Prerequisites: None

Advanced Preparation: None

Author: Michael Walker, CPA

Publication: April 2014
Update:  August 2018

Format: PDF
Pages: 137

Passing Grade: 70%

Exam Policies: Exam may be retaken. Course must be completed within one year of purchase.

CPE Sponsor Info : NASBA/QAS #109234. Click here to view specific state approvals.

By the end of the course participants should be able to:

  • Define ‘fair value’ and explain the fair value framework & hierarchy included in ASC 820Fair Value Measurements and Disclosures.
  • Identify the roles that management and the auditor have in the fair value measurement process.
  • Recognize the key aspects of the fair value option.
  • Recognize the limitations of fair value accounting.

 

“Overall Course Rating: 5 Stars: “This was probably the most technical course I have taken. I was very pleased that the course walked me through the objectives very thoroughly and questions to test my learning were well written and thoughtful. Good job! ” Cheryl Y. 10/4/2018

5 Star CPE Rating

  • Great course! Price was right and the material was very thorough.

    - Alex

  • Your website was easy to navigate and informative.” “This was my first use of your resources but I’m sure it won’t be my last. Thank you for your excellent course material and succinctly stated instructions which expedited order and payment of course selection, completion of exam, and immediate availability of Certificate of Completion. A great experience. Thanks.

    - Draper

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