Global Standards for the world economy

Thursday 21 January 2021

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Fair Value Measurement: Portfolios

Fair Value Measurement: portfolios

 Interpretations Committee issues considered but transferred to the IASB

IFRS 13 Fair Value Measurement: Portfolios

The Interpretations Committee received a request to clarify the interaction between the use of Level 1 inputs and the portfolio exception set out in IFRS 13. The portfolio exception in IFRS 13 permits an entity to measure its net exposure to either market risks or credit risk arising from a group of financial assets and financial liabilities in specified circumstances. The portfolio exception was intended to align the valuation of financial instruments for financial reporting with an entity's internal risk management practices.

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Completion date: May 2013