Pwc's Cfodirect Podcast

Did you enjoy this episode? Text us your thoughts and be sure to include the episode name.We continue our back-to-basics series on financial statement presentation with an episode focused on fair value disclosures. Fair value measurements are used across many areas of financial reporting—and the related disclosure requirements can be extensive. From recurring versus nonrecurring measurement disclosures to those relating to fair value hierarchy, we highlight key considerations. In this episode, we discuss:1:09 – General fair value disclosure requirements8:13 – Fair value hierarchy disclosures14:52 – Disclosures of unobservable inputs and valuation techniques17:04 – Concentrations of credit risk and market risk disclosures18:35 – Fair value disclosures for instruments not measured at fair value19:48 – Applying the fair value option27:52 – SEC comment letter trendsFor more information, see chapter 20 of our Financial statement presentation guide and our Fair value guide. You can also listen to the first episode