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IAS 40

Former userFormer user5y ago

[Content removed at user request]

stephenwidbergstephenwidbergTutor5y ago#1
If there is an external price for an identical (Level 1 in IFRS 13) or a similar (Level 2) asset, then you should use it. So, if the directors are using internal methods, and there are external valuations, tell them to stop it!
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