Highest and best use - Revision history

imported>Doug Williamson: Classify page.

2022-07-01T15:28:17Z

Classify page.

← Older revision		Revision as of 15:28, 1 July 2022
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	IFRS 13 Fair Value Measurement defines 'highest and best use' in relation to establishing fair values for non-financial assets and liabilities.		IFRS 13 Fair Value Measurement defines 'highest and best use' in relation to establishing fair values for non-financial assets and liabilities.


	In this context the measurement of the 'highest and best use' by market participants of the asset being valued takes into account the most advantageous use of the asset that is:		In this context the measurement of the 'highest and best use' by market participants of the asset being valued takes into account the most advantageous use of the asset that is:
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	==See also==		==See also==
			*[[Fair value]]
	*[[IFRS 13]]		*[[IFRS 13]]
	*[[Fair value]]
	*[[Market participant]]		*[[Market participant]]

			[[Category:Accounting,_tax_and_regulation]]

imported>Doug Williamson: Make wording clearer.

2015-08-01T14:43:22Z

Make wording clearer.

← Older revision		Revision as of 14:43, 1 August 2015
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	IFRS 13 Fair Value Measurement defines 'highest and best use' in relation to establishing fair values for non-financial assets and liabilities.		IFRS 13 Fair Value Measurement defines 'highest and best use' in relation to establishing fair values for non-financial assets and liabilities.

	In this context the measurement of the 'highest and best use' by market participants of the asset being valued takes into account the use of the asset that is:		In this context the measurement of the 'highest and best use' by market participants of the asset being valued takes into account the most advantageous use of the asset that is:
	*Physically possible		*Physically possible
	*Legally permissible and		*Legally permissible and

imported>Doug Williamson: Incorporate market participants within the body of the page.

2015-08-01T14:15:28Z

Incorporate market participants within the body of the page.

← Older revision		Revision as of 14:15, 1 August 2015
Line 3:		Line 3:
	IFRS 13 Fair Value Measurement defines 'highest and best use' in relation to establishing fair values for non-financial assets and liabilities.		IFRS 13 Fair Value Measurement defines 'highest and best use' in relation to establishing fair values for non-financial assets and liabilities.

	In this context the measurement of the 'highest and best use' of the asset being valued takes into account the use of the asset that is:		In this context the measurement of the 'highest and best use' by market participants of the asset being valued takes into account the use of the asset that is:
	*Physically possible		*Physically possible
	*Legally permissible and		*Legally permissible and

imported>Doug Williamson: Expand the stub. Source: IFRS 13 paragraph 28.

2015-08-01T14:14:26Z

Expand the stub. Source: IFRS 13 paragraph 28.

@@ Line 1: / Line 1: @@
-The use of a non-financial asset by market participants that would maximise the value of the asset or the group of assets and liabilities (e.g. a business) within which the asset would be used.
+''Financial reporting - fair value''.
@@ Line 5: / Line 13: @@
 *[[IFRS 13]]
 *[[Fair value]]

imported>Doug Williamson: Create the page. Source: IFRS 13, page A629

2015-07-26T16:14:03Z

Create the page. Source: IFRS 13, page A629

New page

The use of a non-financial asset by market participants that would maximise the value of the asset or the group of assets and liabilities (e.g. a business) within which the asset would be used.

==See also==
*[[IFRS 13]]
*[[Fair value]]