KELSO TECHNOLOGIES INC | CIK:0001161814 | 3

  • Filed: 5/1/2018
  • Entity registrant name: KELSO TECHNOLOGIES INC (CIK: 0001161814)
  • Generator: Compliance Xpressware
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1161814/000106299318001853/0001062993-18-001853-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1161814/000106299318001853/kls-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001161814
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  • ifrs-full:DescriptionOfAccountingPolicyForFairValueMeasurementExplanatory

      (m)

    Fair value hierarchy

    The Company categorizes financial instruments measured at fair value at one of three levels according to the reliability of the inputs used to estimate fair values. The fair value of financial assets and financial liabilities included in Level 1 are determined by reference to quoted prices in active markets for identical assets and liabilities. Financial assets and liabilities in Level 2 are valued using inputs other than quoted prices for which all significant inputs are based on observable market data. Level 3 valuations are based on inputs that are not based on observable market data.