The main difference in the accounting for measurement issues between IFRS and ASPE is that

• A.

  there is no difference between accounting for measurement issues between these standards.

• B.

  IFRS requires explicit disclosure of fair value amounts, whereas these disclosures under ASPE are optional.

• C.

  guidance under ASPE is concentrated in a single area of the ASPE body of knowledge.

• D.

  IFRS has a well-developed framework for measuring fair values (IFRS13), whereas ASPE does not.