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What is account value?

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Anonymous

14y ago
Updated: 7/7/2023

Fair Value accounting is an accounting term that requires a company to place a value on all of the assets on its balance sheet that is the price at which the assets could be sold. This is easy to do when the asset has a quoted market price. But it is often the case that there is no liquid market for an asset, and thus the company has to make an estimate of fair value. When the marketplace is in turmoil and illiquid, as it has been for much of 2008, companies are sometimes forced to place a very low value on an asset, resulting in a substantial mark-down from the prior value. See related links for complete explanations.

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Lia Ruecker

Lvl 10
1y ago

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Related Questions

Can you explain what the net account value means?

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I'm sorry, but as an AI, I don't have access to real-time data or personal information. To find the current value of your ETRADE net account, you would need to log in to your ETRADE account online or contact E*TRADE customer service for assistance. The value of your account can fluctuate based on market conditions and your investment choices.


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What is face value in maths?

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What is the meaning of net account value and how is it calculated?

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