EFFECT OF FAIR VALUE MEASUREMENT ON ORGANIZATIONAL PERFORMANCE OF FIRMS IN NIGERIA

Abstract

Fair value measurement is generally known as that price exchanged over a transaction successfully carried out, it is also, the price paid in transferring long and current liabilities in transaction carried out sequentially within parties involved on the date of measure. The accounting approach used for reports related to finance is the fair value measure of assets. Assets as well as companies liabilities are general organizational reporting instrument at the estimation of market price, inflows are received if assets are sold.