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remmy

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remmy

Re: mwg611 post# 374011

Thursday, 07/26/2012 2:42:14 PM

Thursday, July 26, 2012 2:42:14 PM

Post# of 730001
mwg611, great analysis. I remember that from the FAR exam. I'm sure you do too. The only thing I'd add is that estimates can be assigned per the sfas's in addition to the historical cost for intangibles. Also, historical cost can be adjusted to fair value in certain situations under gaap, not just when following ifrs. Good job though.
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