FASB provides major new opportunity for appraisers - part 2 of 2

Business Valuation UpdateVol. 8 No. 2
February 2002
Alfred King, CMA
fair value, income approach, securities and exchange commission (SEC), discounted cash flow (DCF), book value, enterprise value (MVIC), financial accounting standards board (FASB)


The Financial Accounting Standards Board (FASB) issued Statements of Financial Accounting Standards (SFAS) 141 and 142 in the fall of 2001. SFAS 142 changes the accounting for goodwill from an ...