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Nonprofit organizations have had to implement the new Fair Value accounting requirements under Statement of Financial Accounting Standard (SFAS) No. 157 – Fair Value Measurement (ASC 820), which is reshaping many Nonprofit Organizations’ financial statements. This seminar is designed to help you gain insights into the conceptual and practical reasons for using fair value accounting as required, and the fair value measurement attributes for some of the new and existing accounting standards. This seminar covers the conceptual and practical issues that arise when fair value measurements are implemented under other FASB standards and provides examples of these issues.