ASC 820: How to Account for Fair Value Measurement
Insight Software
JULY 19, 2021
In 2018, the Financial Accounting Standards Board (FASB) simplified many of the questions surrounding the valuation of such assets and liabilities by issuing ASC 820, also known as the Fair Value Measurements and Shareholding Disclosure. Equity shares in privately held companies, in contrast, can be somewhat challenging to assess.
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