Global Standards for the world economy

Tuesday 18 December 2018

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IFRS Interpretations Committee

Fair Value Measurement: Fair value hierarchy when third-party consensus prices are used


 Issue rejected (Agenda decision)

IFRS 13 Fair Value Measurement: Fair value hierarchy with third-party consensus prices are used

The Interpretations Committee received a request to clarify under what circumstances prices that are provided by third parties would qualify as Level 1 in the fair value hierarchy in accordance with IFRS 13 Fair Value Measurement.

Project stages

Deliberations

Deliberations

Completed: January 2015

Deliberations

Completed: May 2015