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how do we provide provision for unquoted shares?
in IFRS 9 - Financial Instruments by
please elaborate yours question

2 Answers

0 votes

i believe that relevant standard here is IFRS 13 - Fair Value Measurement, and unquoted shares can be measured by :

* quoted prices for similar assets or liabilities in active markets.

* quoted prices for identical or similar assets or liabilities in markets that are not active.

* inputs other than quoted prices that are observable for the asset or liability.
by Level 1 Member (1.5k points)
0 votes
as there is no active market of these shares and prices are not available,in practice i have seen that people record such shares at cost.
by Level 1 Member (1.5k points)