Firms Explore Valuation Options For FASB 157 Compliance

The new rule establishes a framework for measuring fair value in accordance with Generally Accepted Accounting Principles (GAAP) and requires firms to disclose the fair value measurement of securities, and to establish a hierarchy to distinguish whether the valuation of a security was based on observable inputs or on the firm's own assumptions. For example, a Level 1 input is a quoted price for a frequently traded security. Firms must comply with SFAS 157 for fiscal years beginning after Nov

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: