Economic Obsolescence and Fair Value - Measurement and Allocation of Fixed Assets 

Houlihan Lokey is pleased to share its new whitepaper Economic Obsolescence and Fair Value - Measurement and Allocation of Fixed Assets. The paper discusses the issue of economic obsolescence and the role it plays when opining upon fair value measurements. We detail the theoretical aspects and practical applications, and present a case study regarding fair value measurements when economic obsolescence exists. We hope that you will find this information helpful when considering accounting matters that include a fair value opinion.

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