Question
Does US GAAP distinguish between fair values that are readily determinable from current market prices versus those needing to be calculated based on the company's
Does US GAAP distinguish between fair values that are readily determinable from current market prices versus those needing to be calculated based on the company's own assumptions?
Explain how a user will know about the reliability of the inputs used to determine fair value.
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Financial Accounting Theory
Authors: William R Scott
5th Edition
0132072866, 978-0132072861
