[mohsinraza05]

Well, ok…. i just needed some help as i couldn’t find any relevant material on this in IFRS. It could have taken you not more than 10 minutes to answer. But thank you for your reply and believe me i’m just an internee and not getting paid for this.

Anyways, stay blessed.

[mohsinraza05]

Sir i have been working on a client where they have revalued the assets including those that are not yet complete and are still in the CWIP. So i have no idea how to treat that revalued amount. Should i ignore it or create a revaluation surplus of it??

[Author]

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