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Advanced Corporate Reporting
Assignment - Contemporary issues in Corporate Reporting
Over the last several decades, fair value measurement has taken centre stage in international discussions concerning the appropriate basis for measuring (and remeasuring) assets and liabilities. Academics, policymakers, and practitioners alike have sought to attribute both positive and negative capital market outcomes to fair value measurements in corporate financial reports.
Interest in this topic intensified because of the recent global financial crisis (...) and because of increasing reliance on fair value measurements that are inherently subject to bias and measurement error
Requirement
In response to the above quote by McDonough et al. (2020), prepare a professional report that critically discusses fair value and its role within financial reporting.
Attachment:- Corporate Reporting.rar
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