Explain the concept of 'fair value' as defined in IAS 16/AASB 116 and outline the benefits to
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Explain the concept of 'fair value' as defined in IAS 16/AASB 116 and outline the benefits to financial statement users of continually revaluing assets to their current value.
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Related Book For 
Accounting Theory
ISBN: 9780470818152
7th Edition
Authors: Jayne Godfrey, Ann Tarca, Allan Hodgson, Jane Hamilton, Scott Holmes
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