Commutation and Level 3 valuation inputs: Difference between pages

Revision as of 14:47, 11 May 2016

Financial reporting - fair valuation.

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

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-''Pensions''.
+<i>Financial reporting - fair valuation</i>.
-The foregoing of part or all of the pension payable from retirement in exchange for an immediate lump sum benefit.
+IFRS 13 defines Level 3 valuation inputs as unobservable inputs for the fair valuation of an asset or liability.
-In some countries there may be a tax benefit to partial commutation.
-Under UK tax rules, up to 25% for example, of the value of a pension may be taken in the form of a tax free lump sum.
+==See also==
+*[[IFRS 13]]
+*[[Fair value]]
-== See also ==
+*[[Valuation inputs]]
-* [[Commutative]]
+*[[Observable valuation inputs]]
-* [[Lump sum]]
+*[[Unobservable valuation inputs]]
+*[[Level 1 valuation inputs]]
-[[Category:Accounting,_tax_and_regulation]]
+*[[Level 2 valuation inputs]]
-[[Category:The_business_context]]