Global Standards for the world economy

Thursday 17 October 2019

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Project News

The Interpretations Committee decided not to add this issue to its agenda

 24 March 2013

The Interpretations Committee received a request seeking clarification on paragraph 25 of IAS 41. This paragraph refers to the use of a residual method as an example of a possible valuation technique to measure the fair value of biological assets that are physically attached to land, if the biological assets have no separate market but an active market exists for the combined assets.

Read the full March IFRIC Update.