Colorado State University Fair Value Accounting Pros and Cons Essay
I need help with a Accounting question. All explanations and answers will be used to help me learn.
In an appreciating market (such as real estate, historically), the current market price could be several times higher than the historic values minus depreciation, depending on the length of ownership. Although issues may arise while determining the current market prices in certain situations, it seems like a more accurate and fair measure. Do you agree?
Prepare a document about 100 words.