Jennifer Weiss, a partner at Greenberg Traurig, joined REIT.com for a video interview at REITWise 2016: NAREIT’s Law, Accounting and Finance Conference at the Marriott Marquis in Washington, D.C.
4 Major Elements to Audit Quality, Advocate Says
Audit Specialist Views Fair Value Accounting as Major Change in Financial Reporting
Greg Ross, audit partner at Grant Thornton LLP, joined REIT.com for a video interview during REITWise 2015: NAREIT’s Law, Accounting and Finance Conference held in Phoenix.
According to Ross, one of the biggest changes in financial reporting that he has witnessed is the change related to fair value accounting.
“Investors want it, so there are a lot more items on the balance sheet today with fair value implications,” Ross said.