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Equity instrument

  • Writer: Thomas Tsang
    Thomas Tsang
  • Jan 29, 2023
  • 1 min read

In accordance with SFRS109, investment in equity instruments must be subsequently measured at fair value. In limited circumstances, cost represents the best estimate when recent information not available to measure the fair value reliably, OR the fair value range are too wide that cost represents the best estimate with that range.


Thus, valuation is required to support the value even to be measured at cost.


 
 
 

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