IFRS 13 - Fair value measurement(公允价值计量)全文.pdf

Browse Location: International Accounting and corporate reporting Standards and interpretations International standards Publish Date: 12 May, 2011 Accounting and corporate reporting Standards and interpretations International standards IFRS 13 - Fair value measurement Introduction Overview IN1 International Financial Reporting Standard 13 Fair Value Measurement (IFRS 13): a. defines fair value; b. sets out in a single IFRS a framework for measuring fair value; and c. requires disclosures about fair value measurements. IN2 The IFRS applies to IFRSs that require or permit fair value measurements or disclosures about fair value measurements (and measurements, such as fair value less costs to sell, based on fair value or disclosures about those measurements), except in specified circumstances. IN3 The IFRS is to be applied for annual periods beginning on or after 1 January 2013. Earlier application is permitted. IN4 The IFRS explains how to measure fair value for financial reporting. It does not require fair value measurements in addition to those already required or permitted by other IFRSs and is not intended to establish valuation standards or affect valuation practices outside financial reporting. Reasons for issuing the IFRS IN5 Some IFRSs require or permit entities to measure or disclose the fair value of assets, liabilities or their own equity instruments. Because those IFRSs were developed over many years, the requirements for measuring fair value and for disclosing information about fair value measurements were dispersed and in many cases did not articulate a clear measurement or disclosure objective. IN6 As a result, some of those IFRSs contained limited guidance about how to measure fair value, whereas others contained extensive guidance and that guidance was not always consistent across those IFRSs that refer to fair value. Inconsistencies in the requirements for measuring fair value and for disclosing