+1-316-444-1378

Instruction:

SFAS No. 159 (see FASB 825) allows companies to value financial liabilities at fair value. If not elected, financial liabilities will continue to be accounted for under the historical cost model.

Team Debate:

Team 1: Present arguments in favor of measuring liabilities at fair value.


0 Comments

Leave a Reply

Your email address will not be published. Required fields are marked *