This is a rebroadcast from the 2025 Forensic & Valuation Services Conference
There is much confusion and diversity of practice in developing discount rates for fair value reporting engagements particularly with regards to premiums for what has been called "company-specific-risk."
The guidance provided by FASB ASC 820 is sparse and can be confusing. Fair value measurement is an exercise in estimating the investment-specific-risks of the subject assets or liabilities.
In this session, Roger Grabowski shares the research on the characteristics