ASC 820 contains a fair value measurement framework, which is used at both initial and subsequent measurement. In the area for financial instruments, the SEC has raised questions about: the adequacy of disclosure related to equity instruments, the effect on classification of preferred stock of ...
Conversely, the effects of entity-specific restrictions are not reflected in a fair value measurement since such restrictions would not transfer to a market participant. However, there was diversity in practice on whether the effects of a contractual restriction that prohibits the sale ...
ASC 820 provides: a unified definition of fair value, related guidance on measurement, and enhanced disclosure requirements to inform financial statement users about: the fair value measurements included in financial statements, the methods and assumptions used to estimate them, and the degree of obser...
In some cases, lease agreements include a residual value guarantee that requires the underlying asset to be returned at a fair value at or above the guarantee. Under ASC 842, a lessee should include in the initial measurement of lease payments at lease commencement the amount that is probable ...
Now that we have established what constitutes a business, let’s explore how business combination accounting differs from accounting for an asset purchase. The distinction is important because it affects the recognition and measurement of assets acquired and liabilities assumed, both initially and...
Performance Measurement in Private Equity: Another Look at the Lagged Beta Effect. First, we conduct an empirical test to determine whether the adoption of FAS 157/ASC 820, Fair Value Accounting, has had an impact on the lagged beta... Anson,Mark - 《Journal of Private Equity》 被引量: ...