Sentence examples for fair value test from inspiring English sources
Wolfsburg will have to show that the money flowing in via VW's sponsorship - and the car-makers' partners - can pass the "fair value" test.
The price paid for the reseller was verified by Autonomy's auditors and subject to a fair value test by an independent consultancy.
A simple test of fair value is to compare actual and implied default rates.
The firm, however, failed to incorporate the prices at which the funds traded the bonds, values assigned by other holders of the bonds, and other market data, and the firm failed to back-test the fair value determinations for the bonds.
"In three of these audits," the board wrote in its report on KPMG's audits done in 2010, "for certain financial instruments the firm obtained multiple prices and used the price closest to the issuer's recorded price in testing its fair value measurements, without evaluating the significance of differences between the other prices obtained and the issuer's prices".
The rate of deficiencies in these audited areas, measured as the percentage of all inspected audits for these areas, amounted to 24% in internal control testing, 20% in fair value measurement and 14% in revenue recognition.
Our annual goodwill impairment test as of May 1, 2015 indicated that the carrying value of Phone Hardware goodwill exceeded its estimated fair value.
"We're paying fair value.
All it does is reflect fair value.
Prudential Securities estimates fair value at $500 million.
