Question: The main difference in the accounting for measurement issues between IFRS and ASPE is that IFRS requires explicit disclosure of fair value amounts, whereas these

The main difference in the accounting for measurement issues between IFRS and ASPE is that

IFRS requires explicit disclosure of fair value amounts, whereas these disclosures under ASPE are optional. IFRS has a well

-

developed framework for measuring fair values

(

IFRS

13),

whereas ASPE does not. guidance under ASPE is concentrated in a single area of the ASPE body of knowledge. there is no difference between accounting for measurement issues between these standards.

Attempts:

0

1

used

The main difference in the accounting for

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