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

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Unformatted text preview: ability §༊  If not, use the quoted prices in an active market for the identical item held by another party as an asset, if that price is available §༊  If not, using other observable inputs, such as the quoted price in a market that is not active for the identical item held by another party as an asset §༊  If not, use a valuation approach 11 Financial Liabilities Measurement §༊  Fair Value Through P&L §༊  How to measure Fair Value? (cont.) §༊  FRS 113 para 38: §༊  If not,...
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