Valuation under the accounting standards
With over a dozen different accounting standards that deal with valuation, it is not surprising that many people struggle to understand the nuances of asset valuation or the specific requirements of each standard.
In order to help with the understanding of which accounting standard to apply and the specific requirements of each standard, APV has created a Visual Guide to the AASBs. This guide is also useful for auditors. To download the guide click here.
The guide takes into account the update to AASB13 which is mandatory for the 2024-25 financial year.