Indian Accounting Standard (Ind AS) 113 Fair Value Measurement (This Indian Accounting Standard includes paragraphs set in bold type and plain type, which have equal authority. Paragraphs in bold type indicate the main principles.) Objective 1 This Ind AS: (a) defines fair value; (b) sets out in a single Ind AS a framework for measuring fair ...

Compendium of Indian Accounting Standards (Year 2020-2021) - Volume I (Ind AS 101-116)

Ind AS 113: Fair Value Measurement 1. Objectives: a) To define fair value; b) To set up a framework for measurement of fair value; c) To specify requirements of disclosure of fair value measurement. 2. Scope: It applies when another Ind AS requires or permits fair value measurements or disclosures

Jan 9, 2018 · SCOPE OF IND AS 113 •Identifiable assets and liabilities of the acquiree to be measured at FV •Non-controlling interest to be measured at FV •Previously held equity interest to be measured at FV on a step acquisition Ind AS 103 Business Combination •Non current assets and/ or disposal groups to be

Ind AS 113 describes how to measure fair value, not what is being measured at fair value. Other Ind AS. specify whether a fair value measurement considers an individual asset or liability or a group of assets or liabilities (i.e. the unit of account).

Ind AS - 113 establishes a Fair Value hierarchy that categorizes valuation related inputs into three levels, namely: Level 1 input - These inputs are quoted prices (unadjusted) in active markets for

Why Ind AS 113? This Ind AS: a) Defines fair value; b) Sets out in a single Ind AS a framework for measuring fair value; and c) Requires disclosures about fair value measurements. This Ind AS applies when another Ind AS requires or permits fair value measurements or disclosures about fair value measure-ments.

Ind AS 113.22 states “An entity shall measure the fair value of an asset or a liability using the assumptions that market participants would use when pricing the asset or liability, assuming that market participants act in their economic best interest”.

www.indasedu.com | Ind AS 113 Fair Value Measurement 3 The seller – is in or near bankruptcy or receivership (ie, the seller is distressed) was required to sell to meet regulatory or legal requirements (ie, the seller was forced).

C.A. FINAL - IND AS 113, FAIR VALUE MEASUREMENT IND AS 113 – NOTES TO QUESTIONS INVOLVING VALUATION Valuation Methods: Enterprise Value (also known as Firm Value) = Value of Debt + Value of Equity In absence of any information, the value of a company given in the question can be considered as Enterprise Value. In order to find the value of ...