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Fair Value is an alternative area where emphasis is laid in IFRS. In finance homework Indian context, new standards akin to impairment of belongings are also aligned towards fair value. This is also finance homework case in revaluation of assets or mark finance project marketplace for investments. However, in finance homework Indian context, this is in large part acceptable in case finance homework fair value is below finance homework cost and is always not utilized where fair value is higher than cost as in finance homework booksFair value gives finance homework readers of economic statements advice that’s more ‘real’ or more ‘appropriate’ than that of historic costs. However, from finance homework point of view of finance homework preparers of finance homework financial statements, ancient costs provide accounting homework more stable and reliable method reliablity stems from knowing finance homework impact and smoothening out of affect. However, frequently, IFRS gives finance homework alternative of using ancient costs like in case of belongings, but FV is obligatory for investments, in particular by-product based.