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      What is Fair Value Accounting Practice?
      Accounting, EthicsBy Surendra NaikNovember 8, 2024

      Fair value accounting is the measurement of assets and liabilities of a business based on the 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-market accounting…

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