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Most advantageous market: This is the market that maximizes the amount that would be received to sell the asset or minimizes the amount that would be paid to transfer the liability, after considering transaction costs and transport costs.
May 5, 2017 · The principal market/ most advantageous market would separately be evaluated for different assets/ liabilities under the fair valuation requirements. Management has to gear-up the process and procedures to capture such markets assessments and make a proper documentation to avoid any audit findings .
The principal market is the market with the greatest volume or level of activity for that particular asset or liability. IF there is no principal market, then the company should use the most advantageous market to determine fair value.
The most advantageous market is the market that maximises the amount that would be received to sell the asset, after taking into account transaction costs and transport costs (ie the net amount that would be received in the respective markets).
The most advantageous market is the one in which the expected net proceeds (after deducting selling costs) are the higher. IFRS 13 sets out a valuation approach, which refers to a broad range of techniques, which can be used.
May 26, 2017 · Fair value measurement assumes a transaction taking place in the principal market for the asset or liability, or in the absence of a principal market, the most advantageous market for the asset or liability [IFRS 13:24]
Sep 30, 2022 · As a principal market for the asset does not exist, FV Company should measure the fair value of the asset using the price in the most advantageous market. The most advantageous market is the market that maximizes the amount that would be received to sell the asset, after taking into account transaction costs and transport costs (that is, the ...
