Examlex
If you were to draw a map of the town or city in which your college is located,
Fair Value
The compensation received for an asset's sale or the expenditure for a liability's reassignment in an organized engagement with market participants on the valuation date.
IFRS
International Financial Reporting Standards, which are a set of accounting rules used globally to prepare financial statements.
Revaluation Method
An accounting strategy used to adjust the book value of a fixed asset to reflect its current market value.
IFRS
International Financial Reporting Standards, a set of global accounting guidelines developed by the International Accounting Standards Board, providing uniform financial statement reporting.
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