No cause for alarm - but care still needed. This issue of Fair Value Insights shares insights on topical issues and the challenges encountered as we help our clients navigate fair value reporting requirements.
In this issue, we focus on NZ IFRS 13 Fair Value Measurement. This year we have seen the first tranche of preparers grapple with the practical interpretation of the new standard.
Fair Value Insights takes a closer look at three core concepts that we are encountering repeatedly in our discussions with clients – Unit of Account, Highest & Best Use and Credit Valuation Adjustments – and the challenges they present. More importantly, it offers some practical solutions for implementation.
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