Specifically, FAS 157 defines fair
value as the price that would be received to sell an asset, which is an "exit price" notion.
New fair value standards stress how, not just what: Financial Executives Research Foundation got opinions from users and preparers of financial statements on whether measuring assets and liabilities at fair value--rather than historical cost--provides users with more relevant information for decision-making
We propose
value as the cornerstone of a new framework for regenerating higher education, and will concentrate here on the leadership and management challenges involved in implementation.
Value added: a new framework for university leadership and management
Value is sometimes defined as net book
value as recorded in the entity's records, tax returns or as determined under generally accepted accounting principles (GAAP).
Make the most of buy-sell agreements: these complex contracts solve many problems
Finally, many financial analysts have endorsed embedded
value as providing a clearer and more transparent way of reporting financial performance to the investment community.
Uncovering value: by using embedded value reporting, insurers can get a clearer picture of where they are making--and losing--profits
DAI's 1997 data reveals that of the total Rp 130.8 trillion in active insurance
value as per the end of 1997, some Rp 74.2 trillion or 57% was in the hands of four large-scale life-insurance companies and the remaining 43% was shared by about 49 companies.
LIFE-INSURANCE INDUSTRY AMIDST CRISIS
Further, if the life insurance policy under the collateral assignment split-dollar arrangement is owned by a third party (e.g., the employee's children or a trust for the benefit of the employee's children) and the employee did not retort the value of the right to receive the policy's future excess cash surrender
value as a gift for the year the split-dollar arrangement was established, the employee may have also understated his gift tax liability (or use of his unified credit) for that year.
Taxation of equity split-dollar arrangements
The internal Revenue Service defines fair market
value as "the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell, and both having reasonable knowledge of relative facts."
How much is your foundry worth
Despite the directive from the courts to allow discounts in such cases, the IRS has stated a desire to disallow them.(3) The use of swing vote
value as described in TAM 9436005 is but one of the ways the IRS is attempting to reduce or eliminate the amount of MIDs being applied.
"Swing vote" attributes of transferred stock: implications for minority interest discounts
One example is the minimum-value method, which estimates an option's
value as the current value of the underlying stock less the present values of both the exercise price when the option is exercised and the dividends foregone before it is exercised.
Stock compensation accounting
The ED would not adopt market
value as an ongoing measurement for troubled debt restructurings.
Market value: the debate rages
However, some types of equipment decline in
value as a result of technological advances.
Technological obsolescence may result in reduced personal property tax assessments
* The meaning of reorganization
value as used in the SOP.
Accounting for bankruptcies: implementing SOP 90-7
The revised definition better conveys the Board's opinion that the size of an entity's holding of a type of financial instrument should not be taken into account when estimating market value (sometimes referred to as the "blockage" issue) and that market
value as defined in the ED does not imply liquidation value.
Financial instruments disclosure: the FASB's intentions
107 does not, however, prohibit the entity from disclosing an estimate of their
value as an intangible asset.
A return to the past: disclosing market values of financial instruments
Because the assembled work force does not diminish in
value as a result of the passage of time or through use, there is no loss in value that must be allocated to the tax period benefited by the use of the assembled work force.
'Assembled work force' may not be amortized