Fair value, IAS 39 and Corresponding US Standards
International Accounting Standard 39 has been the most controversial of all IFRS rules. Fair value accounting requires that for each class of financial assets and …
Posts tagged Fair Value Of Asset
How Troubled Debt Restructuring Accounted?
In a troubled debt restructuring, the debtor has financial problems and is relieved of part or all of the obligations. The concession arises from the …