Opportunistic Behavior Using Level 3 Fair-Values under SFAS 157
Statement of Financial Accounting Standard No. 157 states that "unobservable inputs [management-developed estimates of Level 3 fair-values] shall be used to measure fair-value to the extent that observable inputs are not available". The discretion afforded to managers by allowing them to d...
| Other Authors: | |
|---|---|
| Format: | Others |
| Language: | English English |
| Published: |
Florida State University
|
| Subjects: | |
| Online Access: | http://purl.flvc.org/fsu/fd/FSU_migr_etd-4532 |