Web1.3 Key concepts in ASC 820. Publication date: 31 Mar 2024. us Fair value guide 1.3. ASC 820 defines how fair value should be determined for financial reporting purposes. It establishes a fair value framework applicable to all fair value measurements under US GAAP (except those measurements specifically exempted; see further discussion in FV 2 ). WebMay 1, 2015 · The fair value measurement (as determined by applying paragraphs 820-10-35-59 through 35-62) of the investments in the class at the reporting date and a description of the significant investment strategies of the investee (s) in the class.
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What does value premise mean? - definitions
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