fair value measurements - asc 820 / ifrs 13
Due to financial crisis and a downturn in the global economy in recent years, discussion of fair value has intensified among the valuation appraiser and guiding authorities and users of financial information. This discussion has made clear the need for consistent fair value measurements in a global market.
Due to financial crisis and a downturn in the global economy in recent years, discussion of fair value has intensified among the valuation appraiser and guiding authorities and users of financial information. This discussion has made clear the need for consistent fair value measurements in a global market.
What are ASC 820 (FAS 157) / IFRS 13?
What are ASC 820 (FAS 157) / IFRS 13?
As per Topic 820 Fair value is defined as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.”
As per Topic 820 Fair value is defined as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.”
Fair value is defined by IFRS 13 as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.”
Fair value is defined by IFRS 13 as “the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.”
FASB and IASB have primarily converged the fair value measurement and disclosure guidance through the issuance in May 2011 of Accounting Standards Update 2011-4, which amends ASC 820, and IFRS 13.
FASB and IASB have primarily converged the fair value measurement and disclosure guidance through the issuance in May 2011 of Accounting Standards Update 2011-4, which amends ASC 820, and IFRS 13.
ASC 820 (formerly FAS 157) and IFRS 13 requires private equity (PE) and venture capital (VC) firms to value their portfolio companies at ‘fair value’.
ASC 820 (formerly FAS 157) and IFRS 13 requires private equity (PE) and venture capital (VC) firms to value their portfolio companies at ‘fair value’.
Alps Venture Partners' portfolio valuation services help PE and VC clients to comply with ASC 820 and IFRS 13 standard’s complex provisions and avoid any audit issues in their quarterly and annual reporting. Our experts at Alps Venture Partners have experience in both valuation appraisal and audit services, and provide unique and robust valuation products that ensure that the valuation will withstand audit scrutiny of the highest standard.
Alps Venture Partners' portfolio valuation services help PE and VC clients to comply with ASC 820 and IFRS 13 standard’s complex provisions and avoid any audit issues in their quarterly and annual reporting. Our experts at Alps Venture Partners have experience in both valuation appraisal and audit services, and provide unique and robust valuation products that ensure that the valuation will withstand audit scrutiny of the highest standard.