Transcription of Fair Value Measurement (Topic 820)
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Fair Value Measurement (Topic 820) No. 2018-13 August 2018 Disclosure Framework Changes to the Disclosure Requirements for Fair Value Measurement An Amendment of the FASB Accounting Standards Codification The FASB Accounting Standards Codification is the source of authoritative generally accepted accounting principles (GAAP) recognized by the FASB to be applied by nongovernmental entities. An Accounting Standards Update is not authoritative; rather, it is a document that communicates how the Accounting Standards Codification is being amended.
a. For assets and liabilities that are measured at fair value on a recurring or nonrecurring basis in the statement of financial position after initial recognition, the valuation techniques and inputs used to develop those measurements b. For recurring fair …
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