Understanding Fair Value Accounting (Onsite Only)

Sunday, October 27 – 9:00am – 4:30pm Central Time

This workshop has reached capacity and is sold out.

The session is limited to 30 attendees.

You’ll gain a deep understanding of the framework for measuring fair value as required by FASB ASC 820, Fair Value Measurement, and IFRS 13: Fair Value Measurement, ensuring you stay ahead in the field, including a:

• Comprehensive Understanding of Fair Value Accounting: Grasp the essential and critical role of fair value accounting in financial reporting.
• Expertise in FASB ASC 820 and IFRS 13: Develop a thorough understanding of fair value measurement frameworks, ensuring compliance and accuracy.
• Practical Application and Valuation Techniques: Learn to apply fair value measurements in business combinations and have in-depth discussions on the market, income, and cost valuation approaches, and corresponding methods.
• Insight into Regulatory Environments and Alternatives: Stay informed about the changing regulatory landscape and explore unique alternatives for private companies.

By attending this session, you’ll be equipped with the knowledge and skills to navigate the complexities of fair value measurement and be prepared to deliver well-documented and supportable valuations that meet the fair value measurement requirements for financial reporting. Join us to enhance your expertise and stay at the forefront of valuation techniques and fair value measurement requirements.

Learning Objectives

• Recognize the changing economic and regulatory environment and its impact on financial accounting standards.
• Recognize the framework for measuring fair value as required by FASB ASC 820, Fair Value Measurement/IFRS 13 - Fair Value Measurement
• Identify areas in fair value measurement that may be subjective
• Recall factors to consider when evaluating the useful life of an intangible asset
• Recognize the relationship between FASB ASC 805, Business Combinations, and the subsequent testing for impairment of assets under FASB ASC 350, Intangibles-Goodwill and Other, and FASB ASC 360, Property, Plant, and Equipment.
• Recognize how individual intangible assets create value.
• Recall the principles highlighted in the auditing standards as they relate to fair value measurement.

Topics

• Overview of fair value accounting
• FASB ASC 820/IFRS 13
• Fair value measurements in business combinations
• Testing for subsequent impairment of fair value
• Valuations of privately-held-company equity securities issued as compensation
• Private company alternatives in fair value accounting
• Regulatory environment
• Fair value under IFRS
• Intangible assets
• Cost, market, and income approach
• Audit considerations

Who Will Benefit

• Forensic accounting and business valuation services professionals
• Litigation services consultants and experts
• Emerging FVS professionals
• CFOs, controllers, and senior financial professionals