Definition of Most advantageous market under IFRS 13 - Fair Value Measurement
Monday, December 16, 2013
www.ChartAcc.com - IFRS 13 defines Most advantageous market as follows:
It is the market that..
Read more here:
More about IFRS 13
Stay connected to ChartAcc, a professional ShareSpace. Visit http://www.ChartAcc.com
Posted by Vikrmn: Author of "10 Alone" (CA Vikram Verma) 10Alone.com
It is the market that..
- maximises the amount that would be received to sell the asset or
- minimises the amount that would be paid to transfer the liability,
- after taking into account transaction costs and transport costs
Read more here:
More about IFRS 13
Stay connected to ChartAcc, a professional ShareSpace. Visit http://www.ChartAcc.com
Posted by Vikrmn: Author of "10 Alone" (CA Vikram Verma) 10Alone.com
Subscribe to:
Post Comments (Atom)
 |
| CHARTACC Share space for Chartered Accountants and Financial Professionals |