Considering the fair value option for property, plant and equipment

Find out which factors to consider in the decision to utilize the option to recognize property, plant and equipment at fair value when transitioning to accounting standards for private enterprises (ASPE). Learn why it may be right for some clients and wrong for others.

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Fair Value Option in ASPE — Should You Elect for It? tells you why the Accounting Standards Board (AcSB) included the fair value option and reviews the pros and cons of using it when transitioning to ASPE.

You will learn:

  • how electing for the fair value option may influence your company’s access to debt
  • how to determine if the cost of providing evidence to support the fair values assigned to property, plant and equipment will or will not outweigh the benefit
  • how the fair value option can affect income tax and future depreciation
  • what lenders have to say about the fair value option

Highlights

Gain practical organizational insights and learn from industry experts at this annual event for not-for-profit financial leaders.

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