Highest and best use and RFFV: Difference between pages

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imported>Doug Williamson
(Expand the stub. Source: IFRS 13 paragraph 28.)
 
imported>Doug Williamson
(Create the page. Source: The Treasurer March 2015 page 35.)
 
Line 1: Line 1:
''Financial reporting - fair value''.
Ring-fenced financing vehicle.
 
IFRS 13 Fair Value Measurement defines 'highest and best use' in relation to establishing fair values for non-financial assets and liabilities.
 
In this context the measurement of the 'highest and best use' of the asset being valued takes into account the use of the asset that is:
*Physically possible
*Legally permissible and
*Financially feasible.
 
 
 
==See also==
*[[IFRS 13]]
*[[Fair value]]
*[[Market participant]]

Revision as of 16:41, 7 March 2015

Ring-fenced financing vehicle.

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