Discuss the pros and cons for the use of fair value

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Reference no: EM132872011

Question - With the convergence to International Financial Reporting Standards (IFRS) Accounting for nonfinancial assets will experience some major changes.

One of the key issues will be that of fair value.

Discuss the pros and cons for the use of fair value for the nonfinancial assets of a company.

Reference no: EM132872011

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