- NY Credits : 1.0
- TX Credits : 1.0
NFP Fair Value Considerations
Jennifer Louis, CPA will discuss how fair value measurement is defined in the FASB ASC, and whether it is a market-based measurement, or an entity-specific measurement. She will examine the basis valuation premise to be applied by nonprofits when valuing investments, and when there are exceptions to using fair value measurement. Jennifer will look at important disclosures for fair value measurements and the concept of a risk premium, before closing the program with a discussion of unconditional beneficial interests in trusts and how a nonprofit should value them.
Upon successful completion of NFP Fair Value Considerations, the user should be able to:
recognize where in the FASB ASC the fair value guidance lies, and the important elements of fair value disclosures.