Transcription of Inventory Valuation Guidance
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1 Working Draft of Inventory Valuation Guidance from Forthcoming AICPA Accounting and Valuation Guide Business Combinations Released November 19, 2018 Prepared by the Business Combinations Task Force Comments should be sent by May 1, 2019 to Yelena Mishkevich at 2 2018 American Institute of Certified Public Accountants. All rights reserved. Permission is granted to make copies of this work provided that such copies are for personal, intraorganizational, or educational use only and are not sold or disseminated and provided further that each copy bears the following credit line: 2018 American Institute of Certified Public Accountants.
specialists1 regarding how to estimate the fair value of inventory acquired in a business ... engagements to estimate value that culminate in the expression of a conclusion of value ... assuming that market participants act in their economic best interest.” Thus,
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