Fair Value Measurement project starts standard-by-standard review

NEW YORK- The International Accounting Standards announced on February 25, 2008 that the Fair Value Measurement project team has begun the standard-by-standard review of existing fair value measurements in IFRSs to assess whether each standard’s use of a fair value measurement basis was intended to be an exit price

IASB is committed to developing in the public interest a single set of high quality global accounting standards.

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