Exercises
Can you apply each concept? Start with the exercises of your lesson.
To begin
My lesson's exercises
Next lesson
Fair value under IFRS 13: purpose, scope, exclusions and exemptions
Chapter 1 · Purpose, scope, exclusions and exemptions · 25 exercises
Other practice
Or choose another way to practise
Target a chapterThe exercises of a single chapter.
- 01Purpose, scope, exclusions and exemptions25 exercises
- 02Definition: exit price, market participants22 exercises
- 03Unit of account12 exercises
- 04Principal or most advantageous market; transaction and transport costs28 exercises
- 05Non-financial assets: highest and best use14 exercises
- 06Liabilities and the entity's own equity instruments28 exercises
- 07Portfolio exception: net exposure20 exercises
- 08Fair value at initial recognition15 exercises
- 09Valuation techniques and approaches31 exercises
- 10Inputs to valuation techniques18 exercises
- 11Fair value hierarchy: Levels 1, 2 and 324 exercises
- 12Decreased activity and non-orderly transactions9 exercises
- 13Disclosures32 exercises
- 14Effective date and transition6 exercises
- 15Boundaries with other standards24 exercises
Target a conceptThe exercises of a single concept.
- Purpose and nature: a market-based measurementFragile8 exercises
- When IFRS 13 appliesFragile9 exercises
- Scope exclusionsFragile6 exercises
- Disclosure exemptionsFragile3 exercises
- The exit priceFragile9 exercises
- Market participantsFragile6 exercises
- The entity's intention is irrelevantFragile3 exercises
- Characteristics of the asset or liabilityFragile5 exercises
- The unit of accountFragile12 exercises
- The principal marketFragile11 exercises
- The most advantageous marketFragile8 exercises
- Transaction costsFragile11 exercises
- Transport costsFragile7 exercises
- Highest and best useFragile10 exercises
- The valuation premiseFragile4 exercises
- The liability transfer assumptionFragile7 exercises
- Item held by another party as an assetFragile4 exercises
- Item not held by another party as an assetFragile5 exercises
- Non-performance riskFragile7 exercises
- Transfer restrictionsFragile2 exercises
- Demand featureFragile3 exercises
- The net exposure exceptionFragile10 exercises
- Scope of the exceptionFragile4 exercises
- Measuring the net positionFragile7 exercises
- Transaction price and fair valueFragile10 exercises
- The day-one differenceFragile8 exercises
- Market, cost and income approachesFragile6 exercises
- Selecting and weighting techniquesFragile9 exercises
- CalibrationFragile4 exercises
- Changing a techniqueFragile4 exercises
- Present value techniquesFragile8 exercises
- Observable and unobservable inputsFragile8 exercises
- Premiums and discountsFragile5 exercises
- Bid and ask pricesFragile5 exercises
- Classifying by the lowest-level inputFragile6 exercises
- Level 1Fragile5 exercises
- No blockage factorFragile3 exercises
- Level 2Fragile4 exercises
- Level 3Fragile4 exercises
- Transfers between levelsFragile3 exercises
- Significant decrease in activityFragile4 exercises
- Non-orderly transactionsFragile5 exercises
- Disclosure objectivesFragile4 exercises
- Fair value by category and levelFragile6 exercises
- Techniques and inputs (Levels 2 and 3)Fragile5 exercises
- Level 3 reconciliationFragile7 exercises
- Level 3 process and sensitivityFragile3 exercises
- Items whose fair value is only disclosedFragile3 exercises
- Inseparable credit enhancementFragile2 exercises
- Tabular formatFragile2 exercises
- Effective dateFragile4 exercises
- Prospective applicationFragile2 exercises
- IAS 16: revaluationFragile7 exercises
- IAS 38: active marketFragile4 exercises
- IAS 36: fair value less costs of disposalFragile5 exercises
- IFRS 9: classification and day-one differenceFragile6 exercises
- IFRS 3: assets acquired and liabilities assumedFragile2 exercises
Tracking
My latest exercises
The exercises you complete will appear here.