Letters of representation and Level 3 valuation inputs: Difference between pages

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Representations by management used by auditors as a source of evidence, which have been formally noted and signed by the directors of the company being audited.
<i>Financial reporting - fair valuation</i>.


IFRS 13 defines Level 3 valuation inputs as unobservable inputs for the fair valuation of an asset or liability.


== See also ==
 
* [[Audit]]
==See also==
*[[IFRS 13]]
*[[Fair value]]
*[[Valuation inputs]]
*[[Observable valuation inputs]]
*[[Unobservable valuation inputs]]
*[[Level 1 valuation inputs]]
*[[Level 2 valuation inputs]]

Revision as of 07:29, 27 July 2015

Financial reporting - fair valuation.

IFRS 13 defines Level 3 valuation inputs as unobservable inputs for the fair valuation of an asset or liability.


See also