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 [...]
Archive for the ‘Fair Value’ Category
ED on Valuing Investments in Investment Companies with Stated NAV
Posted: 8th June 2009 by Sander Abernathy in Fair ValueComments Off
Comments Off
Prudential got a half-billion dollar lift from changes to FAS 157.