IFRS: Fair Value Measurement (IFRS 13)

Financial accounting & reporting

Course

IFRS: Fair Value Measurement (IFRS 13)

Instructor: AICPA Professional Development Staff

  • Format

    Course - Online

  • Level

    Basic

  • Duration

    1.5 hours

The purpose of this course is to familiarise you with the guidance on fair value measurement described in IFRS 13, Fair Value Measurement.

Learning outcomes

  • Learning outcomes: Define fair value and the unit of account for fair value measurement
  • Describe the characteristics of an asset or liability and other considerations that should be taken into account when determining fair value
  • Understand how to apply the guidance in IFRS 10 to non-financial assets
  • Understand how to apply the guidance in IFRS 10 to liabilities and an entity's own equity instruments
  • Describe the various valuation techniques that are appropriate in difference circumstances
  • Understand the fair value hierarchy
  • Describe the disclosures required by IFRS 10
Full description

£39.00 (CIMA members only)

£49.00

VAT calculated on checkout

Product information

Overview

The purpose of this course is to familiarise you with the guidance on fair value measurement described in IFRS 13, Fair Value Measurement. Prior to issuing IFRS 13 in May 2011, there was no single standard that addressed the concept of fair value or provided guidance on how to determine fair value for those assets and liabilities for which fair value was the required or a permitted measurement.

This standard does not prescribe what needs to be reported at fair value. However, when a standard does require or permit measurement at fair value, an entity should apply IFRS 10, unless the particular situation under consideration is outside its scope.

Professional development

This Course - Online offers 1.5 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Field of study: Accounting
Prerequisites:Familiarity with financial reporting and accounting principles under IFRS
Programme level:Basic
Duration:1.5 hours
Format:Course - Online
Access:This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy

£39.00 (CIMA members only)

£49.00

VAT calculated on checkout

Instructor

  • AICPA Professional Development Staff