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Investment accounting

This query is : Resolved 

10 October 2013 what exactly is the difference between fair value, market value and net realisable value of current investments?

10 October 2013 Net Realisable Value is the estimated selling price
in the ordinary course of business less the
estimated costs of completion and the estimated
costs necessary to make the sale.
Fair Value is the price that would be received to
sell an asset or paid to transfer a liability in an
orderly transaction between market participants
at the measurement date.

11 October 2013 Agreed with Expert Opinion.

For more details, you can also go to the below link:

https://www.cpabr.com/tax_articles/FairMarketValue_FairValue_InvestmentValue.html


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