Question: Task 1: Fair value measurement (20 Marks) A. Give a summary of the measurement assumptions / methods used in your allocated company. (500 words) B.

Task 1: Fair value measurement (20 Marks) A. Give a summary of the measurement assumptions / methods used in your allocated company. (500 words) B. Explain, why is accounting measurement potentially controversial? Which measure methods from the following were used by your company? Explain one of them in reference to the annual report. (500 words) historical cost; value to the business (also known as deprival value or current cost); fair value; realisable value; and value in use

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Task 1: Fair value measurement (20 Marks) A. Give a summary of the measurement assumptions / methods used in your allocated company. (500 words)

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