Fair value accounting is reshaping traditional financial statements. SAS No. 101, Auditing Fair Value Measurements and Disclosures, establishes standards and provides guidance on auditing fair value measurements and disclosures contained in financial statements. This course covers the auditing issues surrounding fair value measurements and disclosures by providing hands-on exercises and a comprehensive case-study to help participants overcome the challenges that confront auditors in attesting to fair value measurements and disclosures. Whether auditing fair value measurements and disclosures resulting from a business combination, auditing goodwill and other intangible assets or auditing impairment or disposal of assets, this course will provide auditors with the tools necessary to succeed in this complex engagement area.