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International Accounting
 

Definition pressing issues of fair value of financial instruments

Vol. 13, Iss. 13, OCTOBER 2010

Available online: 8 October 2010

Subject Heading: REFORMING OF ACCOUNTING

JEL Classification: 

Ilysheva N.N. Doctor of Economics, professor, the Head of the Chair of Accounting and Audit Urals State Technical University
intelectaudit@rambler.ru

Neverova O.S. Chief Account, Open Joint Stock Company «Metcombank»
neverovaos@metcom.ru

The most difficult and the pressing issues connected (associated) with definition of fair value of assets are considered in article.The concept of the active market is disclosed and specified.

Keywords: Fair value, financial instruments, assessed of financial instruments, financial reporting standards, market prices, the active market

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ISSN 2311-9381 (Online)
ISSN 2073-5081 (Print)

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