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The following article, briefly summarizing Robert Herz's remarks before the AICPA Fair Value Conference, appeared in the June 9, 2011 FVS News. Mr. Herz was interviewed by Mark Zyla in a keynote session that kicked off the Fair Value Conference.
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Former FASB Chairman Speaks at the Fair Value for Financial Reporting Conference | | |
Robert Herz, former FASB Chairman, discussed the history of fair value in the US and abroad and talked about the future of fair value accounting in his remarks at the Fair Value for Financial Reporting Conference in Las Vegas this week. In his view of the future of fair value, he stated that the US would most likely be in an "improve and adopt" mode for the near term. Eventually he sees a move toward convergence and one of the most pressing issues is developing a mechanism to reconcile the differences between IFRS and GAAP. To stay up to date with the changing fair value environment, follow our FVS communications, including the FVS Consulting Digest, FVS News and the Forensic & Valuation Reporter. |
[Source: June 9, 2011 edition of FVS News, an AICPA Publication for the Forensic and Valuation Services Section] |
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| About Acuitas, Inc. |
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Acuitas, Inc. is an Atlanta-based consultancy firm that provides litigation and business valuation services. Acuitas provided valuation consulting for various types of entities for the purposes of mergers and acquisitions, tax planning, corporate recapitalizations, as well as valuing various types of intellectual property and other intangible assets for many purposes. Our experienced team has the depth, credentials, and industry expertise to produce quality results.
The Fair Value Measurement Blog offers the latest information on a wide range of fair value measurement topics.
For more information contact:
Mark L. Zyla, Managing Director
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