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Measuring “Fair Value” For Financial Reporting Purposes

Measuring “Fair Value” For Financial Reporting Purposes

The standard for valuing certain assets and liabilities under U.S. Generally Accepted Accounting Principles (GAAP) is “fair value.” This differs from other valuation standards that may apply when valuing a security or business interest in a litigation or mergers and...
Warning! 4 Signs Your Nonprofit Is In Financial Danger

Warning! 4 Signs Your Nonprofit Is In Financial Danger

Signs of financial distress in a not-for-profit can be subtle. But board members have a responsibility to recognize them and do everything in their power to avert potential disaster. Pay particular attention to: 1. Budget bellwethers. Confirm that proposed...
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