The concept of fair value permeates the financial statements and will only become more important in the future. We do our students a disservice if we do not introduce them to it in
the beginning accounting course.
This article is from the Accounting Instructors’ Report, an electronic journal that provides teaching tips and insights to those who teach accounting and other business courses.
Belverd E. Needles, Jr., Ph.D., CPA
Marian Powers, Ph.D.