We use cookies to help make our website better. We'll assume you're OK with this if you continue. You can change your Cookie Settings any time.

Cookie SettingsOK
SBRUK
Syllabus C. Reporting Financial Performance

Syllabus C9. Fair Value Measurement 22 / 26

a) Discuss and apply the definitions of ‘fair value’ measurement and ‘active market’.
b) Discuss and apply the ‘fair value hierarchy’.
c) Discuss and apply the principles of highest and best use, most advantageous and principal market.
d) Explain the circumstances where an entity may use a valuation technique.
Fair Value Measurement