FTSE 100 and Fair value hierarchy: Difference between pages

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(Source: IFRS 13, www.iasplus.com)
 
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1. A share index made up of the 100 largest companies on the UK stock market.
IFRS 13 seeks to increase consistency and comparability in fair value measurements and related disclosures through a 'fair value hierarchy'.
 
The hierarchy categorises the inputs used in valuation techniques into three levels i.e. Level 1, Level 2 and Level 3.
 
Level 1 inputs: quoted prices in active markets for identical assets or liabilities that the entity can access at the measurement date.
 
Level 2 inputs: inputs other than quoted market prices that are observable for the asset or liability, either directly or indirectly.
 
Level 3 inputs: unobservable inputs for the asset or liability.


2. The 100 companies themselves.


== See also ==
== See also ==
* [[FTSE 250]]
* [[Fair value]]
* [[FTSE 350]]
* [[FVTPL]]
* [[Tracker fund]]
* [[FVTOCI]]
* [[International Accounting Standards Board]]
 
* [[IFRS 13]]

Revision as of 22:53, 9 July 2018

IFRS 13 seeks to increase consistency and comparability in fair value measurements and related disclosures through a 'fair value hierarchy'.

The hierarchy categorises the inputs used in valuation techniques into three levels i.e. Level 1, Level 2 and Level 3.

Level 1 inputs: quoted prices in active markets for identical assets or liabilities that the entity can access at the measurement date.

Level 2 inputs: inputs other than quoted market prices that are observable for the asset or liability, either directly or indirectly.

Level 3 inputs: unobservable inputs for the asset or liability.


See also