AASB 2011-8 - Amendments to Australian Accounting Standards arising from AASB 13 - September 2011
29Disclosures of fair value are not required:
Start here
Get a plain-English read of 29
Turn the raw legal text into a practical explanation grounded in AASB 2011-8 - Amendments to Australian Accounting Standards arising from AASB 13 - September 2011.
29 Disclosures of fair value are not required:
(b) for an investment in equity instruments that do not have a quoted market price in an active market for an identical instrument (i.e. a Level 1 input), or derivatives linked to such equity instruments, that is measured at cost in accordance with AASB 139 because its fair value cannot otherwise be measured reliably; or
(c) …