- This topic has 1 reply, 2 voices, and was last updated 4 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
If an asset’s carrying amount is decreased as a result of a revaluation, the decrease shall be recognised in the profit and loss account.
Why won’t it be recognised in OCI in the first instance like we do for revaluation increase?????
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.