JUMOQ Learning · Financial Instruments & Valuation

Ind AS 113 Foundations - Measurement Unit, Costs and Highest and Best Use

Build a practical foundation in Measurement Unit, Costs and Highest and Best Use. The course covers Characteristics of the asset or liability; Unit of account and valuation unit; Transaction costs, transport costs and location; Highest and best use of non-financial assets; Fair value measurement process and documentation through original lessons, assessments, governed activities, applied workbooks and evidence-led valuation controls.

INDAS113-B02Basic

Course director: Venkata Subramani Ramachandra

2 hr 26 minFull study estimate

Full study estimate: 2 hr 26 min

Self-paced estimates for one pass through the course. Practical work includes activities, assignments and resource study. Your pace may vary; breaks and repeat attempts are extra. All course and certificate requirements still apply.

Inside this course

Select a topic to see its lessons, videos, practice activities and resources.

Characteristics of the asset or liability

LessonCharacteristics of the asset or liability
VideoAsset Characteristics and Unit of Account: What Exactly Are You Valuing?
QuizLesson 1 knowledge check
Decision MissionDecision Mission - select and justify the fair value pathway

Unit of account and valuation unit

LessonUnit of account and valuation unit
QuizLesson 2 knowledge check

Transaction costs, transport costs and location

LessonTransaction costs, transport costs and location
QuizLesson 3 knowledge check
Impact SimulatorImpact Simulator - test valuation assumptions and hierarchy effects

Highest and best use of non-financial assets

LessonHighest and best use of non-financial assets
QuizLesson 4 knowledge check
Practice LabPractice Lab - complete the fair value measurement workflow

Fair value measurement process and documentation

LessonFair value measurement process and documentation
QuizLesson 5 knowledge check
Downloadable resourceUnit of Account, Costs and Highest-and-best-use Applied Pack
Downloadable resourceInd AS 113 Standard Map, Measurement Steps and Hierarchy Checklist

Final Assessment

QuizInd AS 113 Foundations - Measurement Unit, Costs and Highest and Best Use - Final Assessment

Certificate

CertificateCertificate of completionUnlocks after every quiz is completed at its required pass mark and all course requirements are complete.

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