It stands for fair value through profit and loss; a method of measuring financial assets/ financial liabilities whereby changes in...
A type of net recoverable amount where the value of an asset is defined as the difference between its fair...
It stands for fair value less cost to sell; it is a type of net recoverable amount where the value...
A type of net recoverable amount where the value of an asset is defined as the difference between its fair...
It stands for fair value less costs of disposal; it is a type of net recoverable amount where the value...
A goodwill whose value is derived from financial statements and for financial reporting purposes. More specifically, the meaning of goodwill...
Any contract or contractual agreement that gives rise to a financial asset (cash, an equity instrument issued by another entity,...
It stands for fair market value; the price that agreed by a buyer and a seller for a specific asset...
The price that agreed by a buyer and a seller for a specific asset or liability, in the open market...
The fair value of an asset is the price that would be received to sell an asset in an orderly...