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| IFRS 13 seeks to increase consistency and comparability in fair value measurements and related disclosures through a 'fair value hierarchy'.
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| The hierarchy categorises the inputs used in valuation techniques into three levels i.e. Level 1, Level 2 and Level 3.
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| Level 1 inputs: quoted prices in active markets for identical assets or liabilities that the entity can access at the measurement date.
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| Level 2 inputs: inputs other than quoted market prices that are observable for the asset or liability, either directly or indirectly.
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| Level 3 inputs: unobservable inputs for the asset or liability.
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| | == See also == |
| | * [[Fraud]] |
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| == See also ==
| | [[Category:Compliance_and_audit]] |
| * [[Fair value]]
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| * [[FVTPL]]
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| * [[FVTOCI]]
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| * [[International Accounting Standards Board]]
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| * [[IFRS 13]]
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Revision as of 13:40, 27 August 2013
Law.
Signing another person's name to any document or altering or falsifying documents.
See also
