Objective behind the valuation techniques Ind AS 113 What is the objective behind the valuation techniques as per Ind AS 113? The objective is to maximise the use of relevant...
Relevance of fair value for non-financial assets How is fair value concept relevant for non-financial assets? A fair value measurement of a non-financial asset takes into account a market participant's...
Fair value hierarchy mentioned as per Ind AS 113 What is the fair value hierarchy mentioned in Ind AS 113? Ind AS 113 establishes a fair value hierarchy that categorises...