[Hasan]

Dear Sir,

What is commpany was using revaluation model.Could the asset value go above what it would have been,had there been no impairment.I assume after reversing impairment extra will go to OCI and asset will be recorded at new FV.

In that case reversal will cause an increase in value of asset more than what it would have been if there was no impairment?

[Author]

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