The Financial Accounting Standards Board voted at its Wednesday meeting to propose that digital assets like cryptocurrencies be measured at fair value versus the more typical method today of cost ...

Bankers have long worried that accounting standard setters are conspiring to phase out conventional balance-sheet measurements in favor of a method that bankers argue is volatile and unreliable, but ...

Fair value accounting—using current market values as the basis for recognizing certain assets and liabilities—is at the core of understanding your portfolio’s value. It is also an important tool when ...

STATEMENT ON AUDITING STANDARDS (SAS) NO. 101, Auditing Fair Value Measurements and Disclosures, gives auditors guidance on understanding how an entity’s management calculates fair value and on ...

The National Taxpayers Union Foundation issued a report Friday saying that federal credit programs are costing taxpayers tens of billions of dollars more than estimated because the federal government ...

NEW YORK, Feb 26 (Reuters) - Some investors are starting to question an accounting method used to put a market value on hard-to-price assets as the credit crunch has caused their markets to evaporate.