Fair value hierarchy and Public money: Difference between pages

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imported>Doug Williamson
(Source: IFRS 13, www.iasplus.com)
 
imported>Doug Williamson
(Create page. Sources: Linked pages.)
 
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IFRS 13 seeks to increase consistency and comparability in fair value measurements and related disclosures through a 'fair value hierarchy'.  
1.  ''Economics - money supply - central banks.''


The hierarchy categorises the inputs used in valuation techniques into three levels i.e. Level 1, Level 2 and Level 3.
The part of the money supply that is central bank liabilities.


Level 1 inputs: quoted prices in active markets for identical assets or liabilities that the entity can access at the measurement date.
It includes physical money (banknotes and coins), demand deposits at the central bank and any domestic central bank digital currency.


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.  ''Funding - public sector.''
 
Funding for projects or activities sourced from the public sector.
 
Contrasted with ''private money.''




== See also ==
== See also ==
* [[Fair value]]
* [[Broad money]]
* [[FVTPL]]
* [[Central bank]]
* [[FVTOCI]]
* [[Central bank digital currency]] (CBDC)
* [[International Accounting Standards Board]]
* [[Coin]]
* [[IFRS 13]]
* [[Digital public money]]
* [[Funding]]
* [[M0]]
* [[M1]]
* [[Money]]
* [[Money supply]]
* [[Private money]]
* [[Public ]]
* [[Public private partnership]]
* [[Public sector]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Trade_finance]]

Revision as of 08:55, 19 September 2022

1. Economics - money supply - central banks.

The part of the money supply that is central bank liabilities.

It includes physical money (banknotes and coins), demand deposits at the central bank and any domestic central bank digital currency.


2. Funding - public sector.

Funding for projects or activities sourced from the public sector.

Contrasted with private money.


See also