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ACCT 308 Southern New Hampshire University Fair Value Accounting Discussion

 

Fair value accounting has been controversial for years. Find an article about the fair value accounting controversy and share a link to your chosen article in your initial post. Then, discuss the author’s views – do you agree with the author? What implications are there for companies based on this article? As a user of financial statements, do you want to see fair value accounting or cost accounting? Why? Please explain as detailed as possible.