NAA2515. Complex GAAP Measurement Issues

Many accounts and transactions must be measured at fair value under U.S. GAAP. Certain of those fair value measurements are recurring, while others only happen upon certain events. While making (or testing) fair value measurements often requires the use of experts, this session will help accountants identify and make sense of common fair value measurement challenges that arise in business combinations, asset impairment testing, and stock compensation.

Learning Objectives:

• Assess when enterprise value is used throughout U.S. GAAP.
• Evaluate common challenges and audit areas of focus associated when enterprise value is used throughout U.S. GAAP.
• Interpret appropriate methods for valuing intangible assets and the most sensitive inputs underlying those methods.
• Assess acceptable (and unacceptable) techniques for valuing liability-classified contingent consideration arising from a business combination.