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UID:1746805902@thefeng.org
DTSTAMP:20250509T155142Z
DTSTART:20221102T220000Z
DTEND:20221102T233000Z
ORGANIZER;CN=Ernie Russom:MAILTO:erussom@thewestviewassociates.com
SUMMARY:THE FENG: Fair Value Accounting Trends
LOCATION:zoom
DESCRIPTION:Join Zoom Meetinghttps://us02web.zoom.us/j/85242751820?pwd=TFBGTUsvSitSRnFubFl0NlZzMHdpQT09&nbsp;Meeting ID: 852 4275 1820Passcode: 597040&nbsp;&nbsp;What is Fair Value Accounting and why is it a very important financial reporting concept?&nbsp;Come to this meeting to enjoy the renowned speaker and accredited accountant Sam Monastra, CPA discuss the importance of utilizing Fair Value Accounting.&nbsp;Why is Fair Value an important financial reporting concept to understand?&nbsp;Because Fair Value Accounting lists assets and liabilities for their actual value so that financial statements reflect a clearer picture of the company's health. This allows investors to make wiser decisions regarding their investment options with the company&nbsp;A primary advantage of fair value accounting is that it provides accurate asset and liability valuation on an ongoing basis to users of the company's reported financial information&nbsp;Fair Value Accounting is frequently used by companies in all industriesThis concept applies to all companies regardless of the company’s size.This applies to all publicly and non-publicly held companies.&nbsp;&nbsp;Speaker Bio:&nbsp;Mr. Monastra has 20+ years of experience as a client-facing audit professional, working with publicly held companies and large privately held companies. Sam has held executive-level positions with Big “4” and Top 10 International Accounting Firms. &nbsp;Presently, Sam is a Recruiter with David Wayne Associates, a boutique recruiting and staffing firm serving the Greater Philadelphia area.Sam served as a member of the Editorial Board of the Pennsylvania CPA Journal and is a frequent speaker for a variety of national organizations including State CPA Societies, the Institute of Internal Auditors, and the Institute of Management Accountants.&nbsp;
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