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Daily Archives: September 8, 2019

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What is Fair Value Accounting Practice?

Accounting, EthicsBy Surendra NaikSeptember 8, 2019Leave a comment

Fair value accounting is the measurement of assets and liabilities of business on the basis of estimation of current market values. It means the assets can be sold or a liability settled in an orderly transaction to a third party under current market conditions. Therefore this method of accounting is also known as ‘mark to…

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