Wednesday 23 October 2013

Fair Value (FV)

Assalamualaikum WBT,

Wah ilmiah sungguh topic aku malam ni (Topic je ye..pointnye ntah pape)
dah xtau how to express my feeling right now...its positively (wah i'm using word positively, very the article one) tension, pressure, exhausted, no word can describe it right now...

Just finished my slide for presentation tmrw..need to read some more about FV (compulsary OK!!!) reminding myself again...huhuhuuu...kang xpasal2 jadi mcm last week..

Basically, what is FV? What make FV come into the picture again & how it has been practice now?

OK babai...nak baca ni jap...



From Wikipedia, the free encyclopedia
In accounting and economicsfair value is a rational and unbiased estimate of the potential market price of a good, service, or asset. It takes into account such objective factors as:
  • acquisition/production/distribution costs, replacement costs, or costs of close substitutes
  • actual utility at a given level of development of social productive capability
  • supply vs. demand
and subjective factors such as
  • risk characteristics
  • cost of and return on capital
  • individually perceived utility


http://en.wikipedia.org/wiki/Fair_value
http://www.ifrs.org/Current-Projects/IASB-Projects/Amendments-to-IFRS-7-Financial-Instruments-Disclosures/Exposure-Draft-and-Comment-Letters/Comment-Letters/Documents/CL66.pdf



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