Potential impact on IFRS 13, Fair Value Measurement
Apr 28, 2020
On April 28, 2020, the Accounting Standards Board (AcSB) released a publication on how the COVID-19 pandemic continues to evolve rapidly and market-based measures like fair value are likely to change significantly and perhaps in unpredictable ways as a result.
This publication provides an overview and includes helpful resources to support you as you determine the fair value of your assets and liabilities.
Review the publication on the AcSB's website.