In this article the use of fair market value versus cost or


Problem

Accounting Today periodically has a series of Spirit of Accounting articles, exploring "substance over form" issues. In this article, the use of Fair Market Value, versus cost or other methods of valuation is addressed? What are your thoughts on this matter?

Spirit of Accounting - FMV.

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Accounting Basics: In this article the use of fair market value versus cost or
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