Heads Up on meeting of FASB's Valuation Resource Group

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09 Oct 2008

The latest edition of the Heads Up newsletter from Deloitte & Touche LLP (United States) summarises nine issues discussed at the 23 September 2008 meeting of FASB's Valuation Resource Group (VRG).

FASB established the VRG to provide the FASB staff with information about implementation issues regarding fair value measurements used in financial reporting and the alternative viewpoints associated with those implementation issues. Click to Download this Issue of Heads Up (PDF 135k). There is an archive of past issues of Heads Up Here.

The nine issues the VRG discussed are:

  • VRG Issue No. 2008-11: IASB's Expert Advisory Panel White Paper
  • VRG Issue No. 2008-12: Fair Value Disclosure
  • VRG Issue No. 2008-13: Observable Versus Unobservable Inputs
  • VRG Issue No. 2008-14: Fair Value Measurement of Liabilities Under Statement 157
  • VRG Issue No. 2008-15: Allocation of In-Use Valuation to Individual Unit of Account
  • VRG Issue No. 2008-16: Fair Value of Accounts Receivables, Accounts Payable, and Accrued Liabilities in a Business Combination
  • VRG Issue No. 2008-17: Identification and Allocation of Market Participant Synergies
  • VRG Issue No. 2008-18: Fair Value of a Noncontrolling Interest and a Previously Held Equity Interest
  • VRG Issue No. 2008-19: Impact of Valuing Contingent Liabilities Under FAS 141(R) — Gross Versus Net Analysis


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