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Give argument for the use of fair value

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Reference no: EM132583704 , Length: Word count: 600

400-600 words

Accounting for nonfinancial assets will experience some major changes with the convergence to IFRS. One of the key issues will be that of fair value.

Question 1: Research this topic, and give your argument for or against the use of fair value for the nonfinancial assets of a company.

Reference no: EM132583704

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