Fair Value of Liabilities

The valuation rules and techniques under current accounting guidance are very complex and not well understood by most practitioners. Fair Value of Liabilities is a timely guide to valuing liabilities under the current fair value accounting standards. This practical and reliable resource fills a void that currently exists between the academic literature on the valuation of debt and liabilities and the current accounting rules for the fair value of liabilities, including fair value measurement, methodologies, debt, contingent liabilities, disclosures.

• Fills the vacuum of guidance on fair value of liabilities under the current standards and guidance of FASB and AICPA
• Bridges the gap that exists between the academic literature on the valuation of debt and liabilities and current accounting rules for the fair value of liabilities
• Designed for accounting practitioners in public and private practice, auditors, valuation professionals, lawyers and law firms that work with financial statements, analysts and the investing public, and business schools

New accounting rules have been promulgated recently and those rules have evolved quickly over the past several years. Fair Value of Liabilities demystifies a complex area in need of clarification.