- This topic has 1 reply, 2 voices, and was last updated 11 months ago by
Stephen Widberg.
Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
Noah098
- Topics: 936
- Replies: 352
- ☆☆☆☆☆
sir if there is a class of assets that is measured at revaluation model, but there is this one asset ( or say, group of assets within that class) which cannot be measured at revaluation model because there is no active market for it, then is it measured at cost model while rest of the assets within that class continue to be measured at revaluation model? Or that all assets within that class will now have be measured at revelation model?
Stephen Widberg
- Topics: 10
- Replies: 2531
- ☆☆☆☆☆
No need for active market – as a last resort use a Level 3 (unobservable) input. IFRS 13
But still revalue entire class.
Noah098
Stephen WidbergViewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.