top of page
Search

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.


 
 
 

Recent Posts

See All
Enterprise value

In business valuation, enterprise value is the value of the business. It includes any intangible assets not booked such as goodwill,...

 
 
 
Walk through in audit

To perform walk through in audit with the objective to ascertain the audit assertions. We need to understand the control or process in...

 
 
 

Comments

bottom of page