Advanced Fair Value: Valuation Approaches, Hierarchy and Disclosures   

Course Details

Fair value measurement is one of the most common, and yet complex, issues in financial accounting and reporting. This course addresses the more advanced fair value issues within ASC 820 and covers:

• determining the fair value of assets and liabilities, including inputs and valuation techniques
• classifying fair value measurements within the fair value hierarchy.

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

• recall the general principles for using valuation approaches under ASC 820
• recognize the key elements of each of the three valuation approaches detailed in ASC 820
• distinguish when one valuation approach may be more indicative of fair value as defined in ASC 820 than another valuation approach
• recall other considerations that are critical to ensuring the valuation approach is applied consistently with the guidance in ASC 820
• identify the appropriate level within the fair value hierarchy for common fair value measurements.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: Fair Value Hierarchy, Fair Value Measurements, Accounting

Other Details

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.

This course is not mobile-compatible.

Pre-requisites: There are no pre-requisites for this course.