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26 maj 2017 · IFRS 13 applies to IFRSs that require or permit fair value measurements or disclosures and provides a single IFRS framework for measuring fair value and requires disclosures about fair value measurement.
International Financial Reporting Standard 13 Fair Value Measurement. Objective. This IFRS: (a) defines. fair value; (b) sets out in a single IFRS a framework for measuring fair value; and (c) requires disclosures about fair value measurements. Fair value is a market-based measurement, not an entity-specific measurement.
a framework for measuring fair value and a fair value hierarchy based on the source of the inputs used to estimate fair value, and require disclosures about fair value measurements. The accounting standards do
IFRS 13 defines fair value, sets out a framework for measuring fair value, and requires disclosures about fair value measurements.
To increase consistency and comparability in fair value measurements and related disclosures, this IFRS establishes a fair value hierarchy that categorises into three levels (see paragraphs 76–90) the inputs to valuation techniques used to measure fair value.
identify which fair values are out of the scope of IFRS 13 standard. understand the 5 steps of fair value measurement. define fair values for assets and liabilities. identify different valuation techniques (market-, income- and cost approach) determine the preferred method for measuring fair value. review and understand the main focus of fair ...
Under the principles of IFRS 13, Fair Value Measurement the fair value of an asset is the price that would be received to sell the asset in an orderly transaction between market participants. Where more than one market exists for the asset then attempts should be made to identify the principal market for the asset.
