Question: CASE STUDY FAIR VALUES CAUSING TENSION IN THE ACCOUNTING PROFESSION Find and read the following article: Cain, A 2013, Fair value continues to captivate, Charter,

CASE STUDY FAIR VALUES CAUSING TENSION IN THE ACCOUNTING PROFESSION Find and read the following article: Cain, A 2013, ‘Fair value continues to captivate’, Charter, vol. 84, no. 6, 2 July, pp. 31–2. Abstract A new accounting standard attempted to clear up the uncertainty, but the whole process of placing a value on something still requires attention. Required What difficulties have been identified by accounting practitioners in relation to the application of fair value measurement? CASE STUDY

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