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Fair Value Accounting

Icon_Self-Study
QAS Self-Study
Icon_Level
Basic
Credits
CPE Credits
5 Credits: Accounting

Course Description

Fair values are more common in financial reports because fair values have increased in business importance in recent years. Increasingly elaborate financial instruments and risk management practices have created financial statement elements for which historical cost is almost irrelevant, and fair value, and fluctuations in fair value, are extremely relevant.

This course is designed to help you navigate the complexities of fair value measurements.  It covers the accounting and financial reporting requirements in ASC 820 Fair Value Measurement and ASC 825-10 Financial Instrument—Fair Value Option as well as insights into how to apply this guidance in practice. For example, it discusses the items for which fair value measurements are required or permitted, includes excerpts from, and references to, ASC 820 and ASC 825-10, and examples. It addresses the key concepts such as applying the fair value framework, identifying common valuation techniques, and determining eligibility for the fair value option.

 

Learning Objectives

After completing this course, you should be able to:

  • Recognize the concepts of using present values that help determine fair value;
  • Identify the appropriate circumstances for using fair values in financial reporting;
  • Recognize common valuation techniques used in determining the fair value of different assets and liabilities;
  • Recognize how the fair value hierarchy prioritizes the inputs used to measure fair value; and
  • Identify the expanded disclosure requirements for fair value measurements.

Course Specifics

Course ID
122319044
Revision Date
December 29, 2022
Number of Pages
127
Prerequisites

Basic Math

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

Course Instructor

Delta CPE LLC

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.

Fair Value Accounting

Expert Instructors
CPE CREDITS
5 Credits: Accounting

$145.00$175.00

Clear
Icon_Self-Study
QAS Self-Study
Icon_Level
Basic
Credits
CPE Credits
5 Credits: Accounting

Course Description

Fair values are more common in financial reports because fair values have increased in business importance in recent years. Increasingly elaborate financial instruments and risk management practices have created financial statement elements for which historical cost is almost irrelevant, and fair value, and fluctuations in fair value, are extremely relevant.

This course is designed to help you navigate the complexities of fair value measurements.  It covers the accounting and financial reporting requirements in ASC 820 Fair Value Measurement and ASC 825-10 Financial Instrument—Fair Value Option as well as insights into how to apply this guidance in practice. For example, it discusses the items for which fair value measurements are required or permitted, includes excerpts from, and references to, ASC 820 and ASC 825-10, and examples. It addresses the key concepts such as applying the fair value framework, identifying common valuation techniques, and determining eligibility for the fair value option.

 

Learning Objectives

After completing this course, you should be able to:

  • Recognize the concepts of using present values that help determine fair value;
  • Identify the appropriate circumstances for using fair values in financial reporting;
  • Recognize common valuation techniques used in determining the fair value of different assets and liabilities;
  • Recognize how the fair value hierarchy prioritizes the inputs used to measure fair value; and
  • Identify the expanded disclosure requirements for fair value measurements.

Course Specifics

Course ID
122319044
Revision Date
December 29, 2022
Number of Pages
127
Prerequisites

Basic Math

Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220

CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)

Course Instructor

Delta CPE LLC

For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.

Fair Value Accounting

Expert Instructors
CPE CREDITS
5 Credits: Accounting

$145.00$175.00

Clear