For level 3 valuation (fair value), the company must include the valuation technique used to measure fair

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For level 3 valuation (fair value), the company must include the valuation technique used to measure fair value, a reconciliation of the changes in fair value during the period, and a related discussion. Why the related discussion?

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Financial Reporting and Analysis Using Financial Accounting Information

ISBN: 978-1439080603

12th Edition

Authors: Charles H Gibson

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Question Posted: Feb 01, 2013 07:10 AM

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For level 3 valuation (fair value), the company must include the valuation technique used to measure fair

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Fair value is the rational estimate of the potential ...View the full answer

Financial Reporting and Analysis Using Financial Accounting Information

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