A Closer Look — Fair value measurement of financial instruments under IFRS 13
This publication considers both practical and technical aspects of applying IFRS 13 Fair Value Measurement to four specific areas affecting financial instruments valuations and disclosures:
- Including an own credit risk adjustment in fair valuing financial liabilities.
- Fair valuing portfolios of financial assets and financial liabilities with offsetting risks.
- Using quoted mid-market prices to derive fair value.
- Additional disclosures.
This publication also addresses important aspects of the transition requirements which will have an impact when the fair values determined under IFRS 13 are different to those determined under previous requirements that are now replaced by IFRS 13.