European Investment Bank and Fair value hierarchy: Difference between pages

Latest revision as of 10:29, 11 July 2018

Financial reporting - IFRS 13.

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.

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-(EIB/BEI).
+''Financial reporting - IFRS 13''.
-Long-term lending bank for the European Union.
+IFRS 13 seeks to increase consistency and comparability in fair value measurements and related disclosures through a 'fair value hierarchy'.
-It is part of the EIB Group which comprises the European Investment Bank and the European Investment Fund (provides SME risk finance).
+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 ==
-* [[European Union]]
+* [[Fair value]]
-* [[Supranational bond]]
+* [[FVTPL]]
-* [[Supranational bank]]
+* [[FVTOCI]]
+* [[IFRS 13]]
+* [[International Accounting Standards Board]]
-[[Category:Long_term_funding]]
+[[Category:Compliance_and_audit]]