Justifying the Concept of Fair Value as a Theory through International Financial Reporting Standard (IFRS)Augustine E. OshoTokunbo .P. Ajetunmobi
IFRSProperty valuationMarket valueFair valueThin marketsPurpose The purpose of this paper is to discuss how the concepts market value (MV) and exit price should be interpreted in thin markets and how accounting rules may need to change to take this into account. Design/methodology/approach This ...
Comparison of IAS/IFRS with Czech Concept of Assets DepreciationMartina Triščiková
鈥The article deals with the formation of financial and nonfinancial reporting within the process of convergence of global financial reporting systems US GAAP and IFRS. The results of a comparative analysis of the main concepts of nonfinancial reporting systems in the corporate sector of the economy...
The first is to explore the implementation of income concepts under current income tax law (UU PPh) before and after the convergence of International Financial Reporting Standards (IFRS) in Indonesia. The second is to explore whether the new UU PPh could adopt the notion of income under IFRS....
IFRS 13fair valueprivate equity valuationunderpricingIFRS 13, adopted in 2013, introduced a general framework for fair value valuation of unquoted equity instruments. It has to be performed in line with the "highest and best use" concept and in the conditions of potential transactions carried out ...