Which of the following disclosures are not required under AASB 13:
A) The valuation techniques used to measure fair value.
B) The inputs used to measure fair value.
C) The level of the fair value hierarchy within which the fair value measurements are categorised.
D) Quantitative information about all unobservable inputs used in the fair value measurement.

Question

Quizplus · Accepted Answer

AASB 13 requires disclosure of A, B, and C but does not require disclosure of quantitative information about ALL unobservable inputs used in the fair value measurement. Instead, disclosure of significant unobservable inputs is required.

Which of the Following Disclosures Are Not Required Under AASB