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Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams
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Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams
Dear Sir,
You say (and in the notes it is stated) that the Non-current asset held for sale is valued at the ower of the carrying value and the fair value less cpost to sell. In the example later we see that even though the carrying value was lower, we revaluated it to the fair value less cost of sale.
Why is that?
Thanks a lot and best regards
Nice beard ?
Nice beard ?
Please what is the difference between “fair value less cost to sell” and “NRV”