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What? Is that English? FASB is the governing board of US Accountg Standards and I really doubt you mean using Statements of Financial Accounting Standards to value assets or companies...
I wsas told by some bankers that knowing some specific FASBs are used to value companies in order to have a fair value.. so i was wondering which ones would apply.. while I am doing the financial modelling? thanks
For interviews you're not going to need to know anything about specific accounting standards - just understand the basic finance / valuation concepts and you'll be fine. A strong knowledge of financial accounting is great (I have an MSA) but knowing the specific accounting standards won't get you anywhere.
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