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Join Mike Cheng for a Financial Accounting Standards Board (FASB) update. This discussion will focus on recent changes that impact financial reporting in the upcoming year and beyond.
Valuation continues to be a focus of regulators, investors, auditors, and other stakeholders. Despite the COVID 19 pandemic, many asset classes performed exceptionally well, some plummeted, but many of those that did are recovering quickly. However, valuation challenges remain as transaction activity among some asset classes remain low and forecasting revenue and near-term capital expenditures continues to be difficult.