Market approach: Difference between revisions
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imported>Doug Williamson (Add the name of IFRS 13 and remove 'measurement' from first line of page accordingly.) |
imported>Doug Williamson (Layout.) |
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*Use prices and other relevant information | *Use prices and other relevant information | ||
*Generated by market transactions | *Generated by market transactions | ||
*Involving identical or comparable assets or liabilities | *Involving (i) identical or comparable assets or liabilities, or (ii) a group of assets and liabilities considered as a whole, such as a business operation. | ||
Revision as of 21:47, 4 July 2017
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 (i) identical or comparable assets or liabilities, or (ii) a group of assets and liabilities considered as a whole, such as a business operation.
