This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

IVSC newsletter analyses fair value accounting

  • IVSC (International Valuation Standards Council) (lt green) Image

01 Oct 2004

The growing use of fair value measurements in IFRSs is the focus of the latest edition of IVSC Global Valuation Issues (PDF 281k) published by the International Valuation Standards Committee (IVSC).

"With the introduction of International Financial Reporting Standards in many parts of the world, including for all publicly listed companies in the European Union in 2005, the correct application of Fair Value on a consistent and transparent basis is vitally important," the IVSC notes. The newsletter examines the differences between "fair value" as used in IASB and FASB literature and "market value" as used in IVSC standards. Also in the newsletter is an analysis of fair values under IFRS 3 and IFRS 5 and a summary of the FASB's Fair Value Measurements exposure draft.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.