Working Draft of Inventory Valuation Guidance From the Forthcoming AICPA Accounting and Valuation Guide Business Combinations—November 19, 2018
The AICPA’s Financial Reporting Executive Committee has issued an early Working Draft of Inventory Valuation Guidance, which is part of a broader forthcoming release of the AICPA’s Business Combinations Accounting and Valuation Guide. This working draft provides nonauthoritative guidance and illustrations for preparers of financial statements, independent auditors, and valuation specialists regarding how to estimate [...]