Fair Value: What Is It And How Is It Changing?
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  Running Time: 7:52 Date: 01/08/2012 "Fair Value" underpins many business transactions, but how is it arrived at and what changes are in the pipeline? At present, Fair Value is defined variously in a number of accounting standards, but from January 1 next year a new standard - AASB 13 - will replace most of them. As Hamish Blair of Leadenhall Corporate Advisory explains, the new standard - as well as harmonising the definitions - will offer a range of methods by which Fair Value can be ascertained and applied in different circumstances. It will provide valuers with a guide which they can apply whether they're valuing assets or liabilities. Topics: Accounting & Tax, Financial Management |
 Hamish Blair, Leadenhall Corporate Advisory |