// definition
Level 1
Quoted fair value
fraisrevu il y a 4 j
Short definition
The IFRS fair-value category based on unadjusted quoted prices in an active market for identical assets or liabilities. It is the tier least dependent on a valuation model.
risk atlas
Knowledge map
Intuition
Level 1 starts from a directly observable market price.
Related analyses
- The balance sheet Apollo does not consolidateAthora fair-value hierarchy and Level 3 exposure.
Primary sources
- IFRS FoundationIFRS 13 fair-value hierarchy.