Market approach: Difference between revisions
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imported>Doug Williamson (Make wording clearer.) |
imported>Doug Williamson (Add the name of IFRS 13 and remove 'measurement' from first line of page accordingly.) |
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''Financial reporting - fair value | ''Financial reporting - fair value''. | ||
IFRS 13 defines 'market approach' valuation techniques as ones that: | IFRS 13 Fair Value Measurement defines 'market approach' valuation techniques as ones that: | ||
*Use prices and other relevant information | *Use prices and other relevant information | ||
*Generated by market transactions | *Generated by market transactions | ||
Revision as of 14:05, 1 August 2015
Financial reporting - fair value.
IFRS 13 Fair Value Measurement defines 'market approach' valuation techniques as ones that:
- Use prices and other relevant information
- Generated by market transactions
- Involving identical or comparable assets or liabilities
- Or a group of assets and liabilities considered as a whole, such as a business operation.
