Accounting – fair value. | Accounting homework help



I need a mudel answer for exame paper, the Q is about fair value. i need the answer to be as following. please contain all the point in the answer.


 1- First Paragraph


– Define fair value measurement ( there is a new defintion IFRS 13)

– importance of fair value


2 –  Secound paragraph

– advantages and disadvantages
For example: Transparency & reflect market condition 


3- Third paragraph
-explain the characteristics of financial crisis while you explain Fair value and the effect of fair value in financial crisis.
For example: Liquidity of the market & market volatility 


4- Fourth paragraph

– explain the three levels of fair value measurement and give examples.





Note: please see the attached files i upload some could be helpfull for the answer.


Thank u 

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