IFRS 13 Fair Value Measurement came into effect on 1st January 2013, specifically to improve the consistency of the fair value measurement and disclosure requirements across the IFRSs that use fair value. How does it relate to Asset Valuation? Valuation of assets and liabilities can be done for various purposes, which include: Buying or Selling… Continue reading APPLICATION OF IFRS 13 FAIR VALUE MEASUREMENT TO ASSET VALUATIONS IN NIGERIA FOR FINANCIAL REPORTING