Video: Fair Value Measurements Overview and Objectives

In this lesson, Nick Palazzolo demystifies the complexities of fair value measurements, with a focus on different methods to assess the worth of unique assets and liabilities for which market values are not readily available. Nick spices up the content with relatable examples, like valuing a one-of-a-kind amusement park, and breaks down concepts like the fair value hierarchy, including the infamous levels one, two, and three. With practical problems and examples on deck, he ensures that the concepts of the highest and best use, market participant assumptions, and unit of account measures aren't just theoretical jargon but tools that can be used to navigate the fair value landscape. Get ready to dive deep into the nuts and bolts of fair value measurements and to learn how to apply these principles with confidence.