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Through Profit & Loss (FVTP&L), measured at fair value with changes in fair value recorded in the profit and loss statementThe fair value is therefore a key concept in accounting for financial instruments. The accounting principle IFRS 13 defines the rules for the determination of fair value. Whenever possible, the fair value should be determined based on the prices recorded in actual trades. However, when an instrument is not traded in active markets and prices are not regularly available, entities may use models

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