RECOMMENDED!!The Financial Accounting Standards Board (FASB) has been requiring some fair value

  

Fair Value AccountingThe Financial Accounting Standards Board (FASB) has been
requiring some fair value reporting as it allows for more transparency than
reporting using historical costs.What do you think will be the impact to investors as the
FASB requires all assets and liabilities to be presented at fair value?Will this make financial statements easier or harder to
understand? Will it improve comparability across companies?
Please discuss.

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