Question
Basis of measurement for investment properties and biological assets Both of the above asset categories are measured on a fair value basis. Why do the
Basis of measurement for investment properties and biological assets Both of the above asset categories are measured on a fair value basis. Why do the levels of the fair value hierarchy used differ? Wouldnt a level 1 based on an active market be better? Why is level 1 not used?
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Financial Accounting IFRS Principles
Authors: Ilse Lubbe, Goolam Modack, Shelly Herbert
5th Edition
0190746920, 978-0190746926
