IAS 39


IAS 39 is fair value measurement accounting standard followed by IASB. The objective of IAS 39 is to establish principles for recognizing and measuring the value of financial assets, financial liabilities and contracts to buy or sell non-financial items.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day


An entity that stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). Individual or firm acting as a principal in a... Read More

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Create your free portfolio