Fair value measurement handbook

Driving clarity on fair value measurement

Companies are facing a myriad of changes – including the rise of artificial intelligence, transition to a greener economy and new global taxes – as well as uncertainties about geopolitical events, inflation and interest rates. Any of these matters may require companies to re-evaluate the judgements, inputs and critical assumptions underpinning their fair value measurements. In times like this, it is critical that companies tell a clear story by providing transparent disclosures.

This edition of our Fair value measurement handbook includes a series of questions and answers on applying the new Financial Accounting Standards Board (FASB) Accounting Standards Update 2022-03 Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions, among other helpful updates. It also links to information about the FASB ASU 2023-08 Accounting for and Disclosure of Crypto Assets, which requires in-scope crypto assets to be measured at fair value and is effective for annual and interim reporting periods in fiscal years beginning after 15 December 2024.

This publication will help you apply the principles of Topic 820, Fair Value Measurement and IFRS 13 Fair Value Measurement, and understand the key differences between the two accounting standards.