解决方案手册与应用ifrs4版配套csolutions picker4e.pdfVIP

Chapter3–Fairvalue

measurement

DiscussionQuestions

1.Namethreecurrentaccountingstandardsthatpermitorrequiretheuseoffairvalues.

IFRS3Businesscombinationspara32

IFRS9Financialinstrumentspara4.1

IAS16Property,plantandequipment,para31

IAS38Intangiblespara33,75

IAS40Investmentpropertypara30

IAS41Agriculturepara13

2.WhatarethemainobjectivesofIFRS13

Themainobjectivesare:

-todefinefairvalue

-toestablishaframeworkformeasuringfairvalue

-torequiredisclosuresaboutfairvaluemeasurement

(IFRS13,para1)

3.Whatarethekeyelementsofthedefinitionof‘fairvalue’?

-currentexitprice:tosellanassetorpaidtotransferaliability

-inanorderlytransaction

-betweenmarketparticipants

-atthemeasurementdate

4.Howdoestheproposeddefinitionoffairvaluedifferfromthatusedincurrentaccounting

standards?

Thedefinitionsarethesameintermsof:

-assumesanhypotheticaltransaction

-thetransactionisorderly

-marketparticipantsisthesameasknowledgeablewillingpartiesinanarm’slengthtransaction

Thenewdefinition:

-specifiesthatanentityissellingtheasset,notbuying

-clarifiesthataliabilityistobetransferred

-specifiestheneedforameasurementdate

5.Howdoesentrypricedifferfromexitprice?

Anentrypriceisonethatwouldbepaidtobuyanassetorreceivedtoincuraliability.

Anexitpriceisonethatwouldbereceivedtosellanassetorpaidtotransferaliability.

TheyareexpectedtobethesameIFtheyrelatetothesameassetorliabilityonthesamedateinthesame