CPAR Accounting & Financial Reporting  |  Format: Flash

Fair Value Accounting: Yesterday, Today and Tomorrow

Course Overview
Fair value accounting continues to be a topic of significant interest to accountants and auditors. Two major areas of focus are how managers and auditors support valuations and how fair value is disclosed in the financial statements. In today�s volatile markets, people want to know what an asset or liability is worth now, not just its historic value. As a result, fair value accounting provides more transparency than historical-based measurements. CFO and Adjunct Professor Mark Mishler brings us up-to-date on the FV accounting pronouncements and what is likely to occur in the future.

Learning Objectives
Upon successful completion of this segment, you should be able to:

  • Identify the key aspects of fair value measurement;
  • Recognize the definition of key terms related to fair value;
  • Recognize the fair value hierarchy; and
  • Identify the major changes brought about by ASU 2018-03.

    Catalog Number: CPAR1414-FM
    CPE Credits: 2 Registry / 2 QAS
    Author: CPA Report
    Advanced Preparation:
    Work experience in financial reporting or accounting, or an introductory course in accounting.
    Course Level: Update
    Field of Study: Accounting
    Content Partner: CPA Reports Online
    QAS: QAS Certified based on 50 minute hours.
    Course Type: Self-Study
    Minimum Passing Grade: 70%
      You are allowed 2 attempts to pass the final exam in a 30 day period. You will be locked out of the final for 30 days after any second failure.
    Soft/Hardware Reqs.:  Adobe Acrobat® Reader for the .pdf files
     Adobe® Flash® Player 9 or higher
     56k or Greater Internet Connection
     Modern DHTML Compatible Browser
     Ram: 256 MB minimum
     Sound card with speakers/headphones
     Windows or Mac OS
    Release/Expiration Dates: Sep 25, 2019 / Nov 08, 2020