Understand the difference between measurement at amortised cost and at fair value.


Detailed Objectives

A)  Amortised cost:

  • Understand the concept of amortised cost measurement and the importance of the effective interest rate method.
  • Obtain an understanding of how to calculate amortised cost.

B)  Fair value:

  • Understand the concept of fair value.
  • Describe the different valuation techniques and the factors that should be considered in fair value measurement.
  • Identify various levels of the fair value hierarchy.

C) Disclosures

  • Explain fair value disclosure requirements under IFRS 13.
  • Explaining IFRS 13 disclosure requirements for fair value measurements.


At the end of the e-learning an exam tests your knowledge of the topics discussed during the e-learning.