... surrounding the measurement of funds' financial disclosure, as reflected in the fair value hierarchy, when investment specialty differs across funds. Design/methodology/approach Regressions were employed to explore how the fair value hierarchy affects closed-end funds' discounts/premia when investment...

... the data measured under these two alternative measurements. However, even for the few that do exist, the results on value relevance tests were inconsistent. IFRS Value relevance Fair value FRS139 Price model This study aims to examine the effects of the adoption of FRS139 on financial...

.... The accounting rules of the International Accounting Standards Board state a number of different circumstances where the value of an asset should be determined by using the discounted cash flow (DCF) method. In particular, this applies if it is not possible to determine the fair value[1] of an asset based...