AC2101 S1 2014 Seminar 11 Financial Liability (Anil).pptx

Cont frs 113 para 38 if not use a valuation approach

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Unformatted text preview: §༊  Is Designated as FVTPL §༊  Initial Recognition (FRS 39:43) §༊  Fair value §༊  Subsequent Measurement (FRS 39: 47, 55, 56) §༊  Fair value §༊  With unrealised gains/losses through P&L 9 Financial Liabilities Measurement §༊  Fair Value Through P&L §༊  How to measure Fair Value? §༊  FRS 39 para 9 states that it should be noted that FRS 113 Fair Value Measurement sets out the requirements for measuring the fair value of a financial asset or financial liability 10 5 Financial Liabilities Measurement §༊  Fair Value Through P&L §༊  How to measure Fair Value? (cont.) §༊  FRS 113 para 38: §༊  Use the quoted prices for the transfer of an identical or similar li...
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This document was uploaded on 02/10/2014.

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