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Fair Value Adjustments
Amendments made to the book value of assets or liabilities to align them with their fair value.
Carrying Amount
The current book value of an asset or liability on the balance sheet, considering factors like depreciation or impairment.
Parent Assets
Assets held by a parent company, including those arising from investments in subsidiaries and other entities over which the parent company has control.
Carrying Amount
The book value of assets and liabilities that is reported in the financial statements, calculated as the original cost minus any depreciation, amortization, or impairment costs made against the asset.
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