Fair Value Could Be Made Clearer

BY DICK HEIDER

I read the November 2007 JofA article “ Refining Fair Value Measurement .” Being with a small firm, I do not have an extensive background in this subject. What would be helpful is to have examples in the article of specific assets and liabilities. Provide some real-life examples. Otherwise it is simply words on a page with little real meaning, at least for me.

Dick Heider, CPA
Denver

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