Under IFRS, all assets in the balance sheet are shown at fair value.

Name: Under IFRS, all assets in the balance sheet are shown at fair value.
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Under IFRS, assets are generally shown at their cost less any accumulated depreciation or impairment losses, unless the asset is classified as held for sale or is part of a group of assets being measured at fair value. Therefore, not all assets in the balance sheet are shown at fair value under IFRS.

Under IFRS, All Assets in the Balance Sheet Are Shown