Archive for the ‘Fair Value’ Category

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The FASB issued an Exposure Draft of FSP-FAS 157-G today that addresses fair value determination of an investment in an investment company when the investment has a stated NAV.  The Exposure Draft was prepared in response to comments regarding the ACSEC and Alternative Investment Task Force Issues Paper “FASB Statement No. 157 Valuation Considerations for Interests in [...]

Prudential and FAS 157

Posted: 3rd June 2009 by Sander Abernathy in Fair Value
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Prudential got a half-billion dollar lift from changes to FAS 157.