Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The fair value measurement of the properties as at 31 December 2019 are carried out by C H Williams Talhar & Wong Sdn. Bhd. and

The fair value measurement of the properties as at 31 December 2019 are carried out by C H Williams Talhar & Wong Sdn. Bhd. and RHT Chestertons Valuation and Advisory Pte. Ltd. and are determined primarily using comparison methods. 3

The fair value measurement using comparison method draws reference to transactions of similar properties in surrounding with adjustments made for differences in location, terrain, size and shape of the land, tenure, title restrictions, if any and other relevant characteristics.

Which accounting standard/policies not complied?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cornerstones of Cost Management

Authors: Don R. Hansen, Maryanne M. Mowen

4th edition

1305970667, 978-1337514842, 1337514845, 978-1305970663

More Books

Students also viewed these Accounting questions