Under the revaluation model, how is a revaluation decrease accounted for?

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Applying International Financial Reporting Standards

ISBN: 978-0730302124

3rd edition

Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise

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Question Posted: Apr 30, 2016 01:02 PM

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Under the revaluation model, how is a revaluation decrease accounted for?

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Para 40 of IAS 16 states If an assets carrying amount is decreased as a result of a revalu...View the full answer

Applying International Financial Reporting Standards

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