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CPE Self-Study
Fair Value Accounting
NASBA FIELD OF STUDY
Accounting and Auditing
LEVEL
Intermediate
CPE CREDITS
Text: 9.0, Online: 8.5
Written by expert Mark Zyla, this course covers issues that arise when fair value accounting is implemented under existing FASB standards and the application of fair value measurement in the context of business combinations.

CPE On-Demand
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Product details

Gain insights into the rationale behind fair value measurement.

Who Will Benefit?

  • Practitioners and members in industry responsible for accounting and financial reporting

Key Topics

  • Fair value measurement and disclosures
  • Fair value measurement in business combinations
  • Testing for subsequent impairment of fair value
  • Working with a valuation specialist
  • Documentation considerations

Learning Objectives

  • Identify and apply key concepts of fair value measurement.
  • Determine instances when FASB guidance requires measurement of assets or liabilities at fair value.
  • Identify considerations relating to fair value in the context of initial recognition and subsequent measurement.
  • Recall considerations relating to working with a valuation specialist.

In this CPE course written by Mark Zyla, the leading fair value expert, you will learn about issues that arise when fair value accounting is implemented under existing FASB standards and the application of fair value measurement in the context of business combinations. In addition, you will see sample presentations of the measurement and estimation challenges that confront preparers and auditors in the areas of initial recognition, subsequent measurement, goodwill impairment, and the use of a valuation specialist.

Updated for FASB ASU No. 2017-04, this course covers a framework for applying fair value accounting rules and provides the training you need to evaluate the fair value of entities and intangible assets as prepared by a valuation specialist, as well as to compare and contrast fair value in IFRS and U.S. GAAP to help you stay ahead of the curve on fair value measurement.

Table of contents
Author

Mark L. Zyla, CPA/ABV, CFA, ASA

Atlanta, GA

Mark L. Zyla is a Managing Director of Acuitas, Inc. an Atlanta Georgia based valuation and litigation consultancy firm. Mark is the practice leader of the firm's valuation practice.

Mark received a BBA degree in Finance from the University of Texas at Austin and an MBA degree with a concentration in Finance from Georgia State University. Mark also completed the Mergers and Acquisitions Program at the Aresty Institute of The Wharton School of the University of Pennsylvania and the Valuation Program at the Graduate School of Business at Harvard University. He is a Certified Public Accountant, Accredited in Business Valuation ("CPA/ABV"), Certified in Financial Forensics ("CFF") by the AICPA, a Chartered Financial Analyst ("CFA"), and an Accredited Senior Appraiser with the American Society of Appraisers certified in Business Valuation ("ASA").

Mark serves on the AICPA's Forensic and Valuation Services Executive Committee. He is former member of the Business Valuation Committee of the AICPA, where he was also formerly the Chairman of the AICPA's ABV Examination Committee. He served for a number of years as the chairman of the AICPA's Fair Value Measurement Conference Committee. Mark is currently a member of the Business Valuations Committee of the ASA where he also serves on the business valuation standards subcommittee. He is one of the authors of the International Glossary of Business Valuation Terms which has been adopted by the major valuation organizations. He is also a member of the Liabilities Working Group of the International Valuation Standards Council ("IVSC"). Mark is on the Advisory Council of the Master of Science in Finance program at the University of Texas at Austin. In 2013, Mark was inducted into the AICPA Business Valuation Hall of Fame.

Mark is a frequent presenter and author on valuation issues. He has taught valuation courses at the FBI Academy in Quantico, Virginia and to the PCAOB in Washington D.C. He is on the faculty of the Federal Judicial Center and the National Judicial College teaching business valuation concepts to judges. Mark is author of Fair Value Measurement: Practical Guidance and Implementation 2nd ed. published by John Wiley & Sons, Inc. (2013). Mark is also the author of the course, "Fair Value Accounting: A Critical New Skill for All CPAs" published by the AICPA. Mark is also co-author of several portfolios related to Fair Value Measurement published by Bloomberg BNA.

Publisher

American Institute of CPAs

The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.

The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialized credentials for qualified professionals who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. With The Chartered Institute of Management Accountants (CIMA), it offers the Chartered Global Management Accountant (CGMA) designation, which sets the global benchmark for quality and recognition in management accounting.

The AICPA and CIMA also make up the Association of International Certified Professional Accountants (the Association), which represents public and management accounting globally, advocating on behalf the public interest and advancing the quality, competency and employability of CPAs, CGMAs and other accounting and finance professionals worldwide.

The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.

Price:
$189.00
Member Quantity:
Nonmember Quantity:
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Estimated total:
$189.00
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CREDIT INFO
CPE credits
Text
: 9.0,
Online
: 8.5
NASBA Field of Study
Accounting and Auditing
Level
Intermediate
Prerequisites
None
ADVANCE PREPARATION
None
Delivery Method
QAS Self-Study
Course acronym
FVA
Group Pricing
Product number: GT-FVA
Contact a representative for group pricing. 800.634.6780 (Option 1) | Contact Us
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