You will be required to investigate 2 (two) ASX listed companies corporate reporting on Fair Value. ( JB hi_Fi and Wesfarmers)

You are required to download the financial reports of any two selected companies and identify the required information from the notes on fair value disclosures. You need to compare as to how twocompanies’ fair value disclosures are made. You must email your lecturer to receive the softcopy of the annual reports.

In your answer, you need to identify and report on comparative fair value hierarchies and methods used for differing classes of assets by the selected two companies.

Answer rating: 100% (QA)

Fair value is a marketbased measurement not any specific measurement For some assets and liabilities observable market transactions or market formatio... View the full answer