An auditor asks Sallane why the fair value of its loan with no quoted price takes Sallane's own credit risk into account, and why the same risk is used before and after the assumed transfer of the loan. Write a reasoned answer for the audit file.
An auditor asks Sallane why the fair value of its loan with no quoted price takes Sallane's own credit risk into account, and why the same risk is used before and after the assumed transfer of the loan. Write a reasoned answer for the audit file.