Courses on Khan Academy are always 100% free. Start practicing—and saving your progress—now: https://www.khanacademy.org/economics-money management-domain/core-money management/accounting-and-financial-stateme/financial-statements-tutorial/v/fair-value-accounting
Difference between Historical Cost and Fair Value Accounting. Created by Sal Khan.
Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-money management-domain/core-money management/accounting-and-financial-stateme/financial-statements-tutorial/v/doing-the-example-with-accounts-payable-growing?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets
money management and capital markets on Khan Academy: Corporations use three financial statements to report what’s going on: balance sheets, financial liquidity statements and revenue statements. They can be derived from each other and each give a valuable lens on the operations and condition of a company. After you know the basics of accrual accounting (available in another tutorial), this tutorial will give you tools you need to responsibly understand any company.
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