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New FASB guidance highlights valuation in the face of liquidation

New FASB guidance highlights valuation in the face of liquidation

by Royer Advisors | Dec 11, 2024 | Business Plans, Debt & Financing

Companies on the brink of collapse must now use the liquidation basis of accounting, according to new guidance from the Financial Accounting Standards Board. Financial statements will now have to be prepared that show the values of assets and liabilities in terms of...
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