On what basis are investments valued in the financial statements of a Pension Trust Fund?

Question

Quizplus · Accepted Answer

Investments in a Pension Trust Fund are typically valued at fair value, which is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. This approach reflects the market-based value of the investments and provides reliable information to stakeholders regarding the fund's financial position and performance.

On What Basis Are Investments Valued in the Financial Statements