Accounting- Fair Value and Data Analytics
Sasha@0501
Question1.docxPage 3
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Visualization and Description 1 |
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Bar Charts of Pricing Methodologies and Levels Level 1 |
Level 2 |
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These bar charts are visual representations of the pricing methods for Level 1 and Level 2 securities. |
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Response |
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What do these visualizations show? |
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How might these observations affect our risk assessment? |
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If, in combination with other risk assessment procedures, we identify a risk of material misstatement related to the classification of securities priced using an internal model as Level 2, what can we do to further investigate and obtain an understanding of the Company’s process for valuing such securities? |
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