About the Not Practicable Explanation

In the Create Insurance Overlay panel, you can use the Not Practicable Information option to add a "Not Practicable" explanation for an asset at the client level, when it is deemed not practicable to estimate a fair value and no fair value level hierarchy -1, 2, or 3 is assigned to that asset. When you assign an asset a "Not Practicable" explanation on the report, the system includes its statement value in the "Not Practicable (Carrying Value)" column on the Fair Value Measurements – Footnote 20D report. The system also includes the asset as a detail line item on the Fair Value Measurements – Footnote 20E report.