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Dear Sir,
I have came through a paragraph in BPP Learning text that states that IFRS 13 is relevant to standards such as IFRS 2- share based payments, IAS19 Employee Benefits and IFRS 19- Financial Instruments, but in the IAS website i found that IFRS 13 is not relevant ot the following standards- IFRS-2, IAS 17, IAS 2 and IAS 36, which is contradictory. Please help me with this issue.
Thanks.
IFRS 13 measurement and disclosure requirements apply to fair values generally except when another IFRS has specific fair value requirements.
Neither the measurement nor the disclosure requirements of IFRS 13 apply to share-based payments (IFRS 2) or leasing transactions (IFRS 16). Nor do they apply where measurements may be similar to, but are not fair value (e.g. NRV in IAS 2 and ViU in IAS 36).
The disclosure requirements of IFRS 13 are not required for plan assets (IAS 19) – but the measurement requirements are not scoped out.
So, based on what you have written, only IFRS 2 appears contradictory.
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