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How will you determine the market price of an asset which doesn't have an active market, e.g. the self created Certifications and licencing?

Corporate Finance Financial Reporting Financial Analysis
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Question added by Nitin Gupta, ACA , FP&A , Rockwell Automation
Date Posted: 2013/11/16
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Mohammed Salim Allana
by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

Unquoted assets should be held at cost price less depreciation. Unless you find some ways to to get it evaluated at market value

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