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FVO INCORPORATED

In addition to the standards that require assets and liabilities to be reported at fair value · as discussed in FV 5 · include: ASC 815-15 · Derivatives and Hedging—Embedded Derivatives · Transfers and Servicing—Servicing Assets and Liabilities · Financial Instruments—Overall · which provides a measurement basis election for most financial instruments (i.e. · a choice of either historical cost or fair value) · including equity method investments · its election may result in reduced comparability of financial reporting · both among similar reporting entities and within a single entity · some at historical cost and some at fair value). However · a reporting entity can elect the FVO for certain instruments · but not others · within a group of similar instruments (e.g. · trading · available for sale · it may use terminology such as “securities carried at fair value” in describing these securities · management’s reasons for electing the FVO

TAMPA, FL 33604

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In addition to the standards that require assets and liabilities to be reported at fair value
as discussed in FV 5
include: ASC 815-15
Derivatives and Hedging—Embedded Derivatives
Transfers and Servicing—Servicing Assets and Liabilities
Financial Instruments—Overall
which provides a measurement basis election for most financial instruments (i.e.
a choice of either historical cost or fair value)
including equity method investments
its election may result in reduced comparability of financial reporting
both among similar reporting entities and within a single entity
some at historical cost and some at fair value). However
a reporting entity can elect the FVO for certain instruments
but not others
within a group of similar instruments (e.g.
trading
available for sale
it may use terminology such as “securities carried at fair value” in describing these securities
management’s reasons for electing the FVO

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