AccountingLink

    Fair value measurements

    16 July 2015

    Financial Reporting Developments - Fair value measurement
    We have updated our Financial reporting developments publication on fair value measurement primarily to reflect the issuance of ASU 2015-07, Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent). We also enhanced our interpretative guidance. Refer to Appendix F of the publication for a summary of the updates.

    31 October 2014

    To the Point - FASB proposes eliminating certain investments from the fair value hierarchy
    The FASB proposed eliminating the requirement that entities that measure investments using the net asset value (NAV) practical expedient categorize them in the fair value hierarchy table. Under the proposal, certain disclosures about these investments would still be required. Our To the Point publication tells you what you need to know about the proposal.

    10 July 2012

    The new fair value disclosures: A snapshot of how public companies adopted the requirements of ASU 2011-04
    In accordance with ASU 2011-04, public companies were required to provide several new fair value measurement disclosures in their quarterly filings for periods ending 31 March 2012. Ernst & Young reviewed the fair value disclosures provided by 60 public companies across various industries in order to gain insights into how companies adopted the new requirements. The results of our analysis are presented in this publication.

    17 November 2011

    Technical Line - More focus needed on fair value information from third-party pricing sources
    Regulators at the SEC and PCAOB are increasing their focus on the valuation of investments, especially the use of information from third-party pricing sources for securities for which there is no active market. Our Technical Line publication highlights some of the recent regulatory initiatives in this area and tells you what you need to know about your company’s use of third-party pricing sources to support valuations of investments.

    16 June 2011

    Technical Line - Fair value measurement - A closer look at the converged guidance
    The FASB and IASB have issued converged guidance on fair value measurements and disclosures. The new guidance provides companies around the world with a uniform framework for applying the principles of fair value measurement. While many of the amendments clarify the current requirements, certain changes could have significant effects on some companies. Our Technical Line publication, which is written from a US GAAP perspective, takes a closer look and provides our views on the key amendments and clarifications, including the new disclosure requirements.

    28 August 2009

    Hot Topic - FASB issues ASU 2009-05 on measuring liabilities at fair value
    Our Hot Topic summarizes the FASB's guidance on several key issues regarding the estimate of fair value for liabilities. The guidance addresses restrictions on the transfer of a liability, and clarifies how the price of a traded debt security (i.e., an asset value) should be considered in estimating the fair value of the issuer’s liability.