Join Zoom Meeting
Meeting ID: 852 4275 1820
What is Fair Value Accounting and why is it a very important financial reporting concept?
Come to this meeting to enjoy the renowned speaker and accredited accountant Sam Monastra, CPA discuss the importance of utilizing Fair Value Accounting.
Why is Fair Value an important financial reporting concept to understand?
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
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
Fair Value Accounting is frequently used by companies in all industries
This concept applies to all companies regardless of the company’s size.
This applies to all publicly and non-publicly held companies.
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. 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.