A reporting model, supported by ASC 960 and GASB 25. (ASC 960 GASB 25 require certain investments held by tax-exempt investors, including defined benefit plans and endowments are to be reported at fair value. It generally employs a gross presentation.
Global Definitions Database
Operating Model
Source: NCREIF PREA Reporting Standards | Date: 29 April 2020 | ID: D0019 | Version: 3