Market approach

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.

See also

• Cost approach
• Fair value
• IFRS 13
• Income approach