 | James R. Hitchner - 2003 - 1056 páginas
...accounting principles (GAAP) is stated by the FASB as: The fair value of an asset (or liability) is the amount at which that asset (or liability) could...parties, that is, other than in a forced or liquidation sale.20 In contrast, fair market value is defined in the Internal Revenue Code as: The price at which... | |
 | D. R. Carmichael, Paul H. Rosenfield - 2003 - 1102 páginas
...(or liability) in its Concepts Statement No. 7 much the same as it always has: The amount at which an asset (or liability) could be bought (or incurred)...that is, other than in a forced or liquidation sale. That definition is ambiguous. It does not say who the "willing parties" are. One of the willing parties... | |
 | Shannon P. Pratt - 2003 - 192 páginas
...outcome. True or False Questions 7. False. Fair value is defined in SFAS 142 as "the amount at which an asset (or liability) could be bought (or incurred)...that is, other than in a forced or liquidation sale." 8. True. This is a good opportunity for appraisers to identify intangible elements of value so that... | |
 | James R. Hitchner, Michael J. Mard - 2003 - 256 páginas
...purposes, the fair value of an asset is defined as "the amount at which the asset could be bought or sold in a current transaction between willing parties, that is, other than in a forced or liquidation sale."11 4. Synergies can be either operational or financial. 5. Selling previously acquired assets... | |
 | D. R. Carmichael, Paul H. Rosenfield - 2003 - 842 páginas
...Value of Mortgage Servicing Rights. SFAS No. 140 defines the fair value of an asset or a liability as the amount at which that asset or liability could be bought or sold in a current transaction between willing parties, that is, other than in a forced or liquidation... | |
 | Gerrit Brösel, Rainer Kasperzak - 2004 - 720 páginas
...definiert das Statement of Financial Accounting Concepts (SFAC) No. 7 den Begriff des Fair Value wie folgt: „The amount at which that asset (or liability) could...parties, that is, other than in a forced or liquidation sale."2 1 Vgl. hierzu JÄGER/HIMMEL 2003, S. 427 ff.; MAUL 2003, S. 4. 2 Vgl. SFAC No. 7, 2000, S.... | |
 | Alexandra Reed Lajoux, H. Peter Nesvold - 2003 - 402 páginas
...acquisition (the same process as under APB No. l6). Fair value is defined as "the amount at which an asset (or liability) could be bought (or incurred)...that is, other than in a forced or liquidation sale." Independent appraisals may be used in determining the fair value of some assets and liabilities. Subsequent... | |
 | Shannon P. Pratt - 2004 - 387 páginas
...has a very different meaning. It is defined in Appendix F of SFAS 142 as: The amount at which [an] asset (or liability) could be bought (or incurred)...that is, other than in a forced or liquidation sale. • This sounds somewhat akin to fair market value, but it actually incorporates some aspects of fair... | |
 | James Morris - 2004 - 289 páginas
...transaction is the fair value of the consideration given where fair value is "The amount for which an asset (or liability) could be bought (or incurred)...sold (or settled) in a current transaction between two willing parties, that is, other than in a forced liquidation sale."7 The purchase price or portion... | |
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The fair value of an asset (or liability) is the amount at which that asset (or liability) could be bought (or incurred) or sold (or settled) in a current transaction between willing parties, that is, other than in a forced or liquidation sale. 
