As Accounting Coach reports, book value can have two definitions in accounting. The first defines the liquidation value of a firm as in bankruptcy liquidation. Book value can also refer to the ...

STATEMENT ON AUDITING STANDARDS (SAS) NO. 101, Auditing Fair Value Measurements and Disclosures, gives auditors guidance on understanding how an entity’s management calculates fair value and on ...

Discover how badwill, or negative goodwill, impacts accounting when purchasing companies at below market value. Learn examples and effects on financial statements.

FASB Statement no. 157, Fair Value Measurements, introduces new concepts and practices to the world of financial reporting, including some that are beginning to impact the fair value measurements of ...

Discover how collateral value affects lending, explore key methods to estimate it, and understand its role in determining loan-to-value (LTV) ratios.

Accounting for the value of your business assets can be tricky. If your company bought a car, a computer or a backhoe 20 years ago, how much is it worth after two decades of wear and tear? Sell it, ...

Question: Why and when does Morningstar change fair value estimates for stocks? Answer: There are many reasons Morningstar equity analysts might make a change to our fair value estimates. Many times ...

Sometimes personal property, like your vehicle, is destroyed through no fault of your own. It could be damaged in a storm, vandalized, or even stolen. When that happens, you may be eligible for a tax ...