Examlex
An evaluation of one's worth or value that can fluctuate is known as _____.
International Financial Reporting Standards
A set of global accounting standards developed by the International Accounting Standards Board, aiming to bring transparency, accountability, and efficiency to financial markets around the world.
Significant Influence
The power to participate in the financial and operating policy decisions of an investee, but not control those policies, typically evidenced by ownership of 20% to 50% of the voting stock.
Fair Value
An accurate valuation of an asset or liability derived from current market conditions and agreed upon by knowledgeable, willing parties in an arm's length transaction.
Fair Value Through Profit or Loss
An accounting method where changes in fair value of investments are recorded in the profit or loss for the period.
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