Which of the following disclosures are required under AASB 13:
A) The valuation techniques used to measure fair value.
B) The level of the fair value hierarchy within which the fair value measurements are categorised.
C) Quantitative information about the significant unobservable inputs used in the fair value measurement.
D) All of the options are correct.

Question

Quizplus · Accepted Answer

All of the options (A, B, and C) are required disclosures under AASB 13. The standard requires entities to disclose the valuation techniques used to measure fair value, the level of the fair value hierarchy within which the fair value measurements are categorised, and quantitative information about the significant unobservable inputs used in the fair value measurement.

Which of the Following Disclosures Are Required Under AASB 13