Question

The potential impacts of fair value within the professional field?

The potential impacts of fair value within the professional field?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

There exists a huge impact of fair value on the professional fields such as investment banking, investment real estate, financial statements etc;.

Consider an example, where the market is experiencing a downtrend, as and when the assets are revalued the value of assets will decrease owing to the downtrend of the market. This is because of fair value. The result will be huge decrease in the value of assets and as a result the equity too.

This is only a small case as such there are a lot of adverse effects because of fair value. There are some positive things too. The figures will always be relatively more reliable when compared to book value.

Add a comment
Know the answer?
Add Answer to:
The potential impacts of fair value within the professional field?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT