CERTYNEX IFRS ACADEMY

Where are the fair value hierarchy and the valuation techniques found to which the IFRS 7 fair value disclosures refer?

In IFRS 7 itself, which defines the levels of the hierarchy and describes each of the valuation techniques that the entity may use.

In IFRS 13, IFRS 7 adding disclosures specific to financial instruments, such as those in paragraph 28, without repeating the hierarchy.

In IAS 32, which specifies how to measure at fair value the financial instruments that the entity presents in its financial statements.

In IFRS 9, which sets the levels of the hierarchy for the financial assets that the entity subsequently measures at fair value.