IFRS 13 - Q & A

IFRS 13 "Fair Value Measurement".

Key points of the new standard in 40 questions and answers

The standard IFRS 13 "Fair Value Measurement" was published by the IASB in May 2011. As far as the IASB is concerned, application will be mandatory to current reporting periods as 1 January 2013. Early application is authorised.

The Application of IFRS 13 by the European entities is subject to its endorsement by the European Union.