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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 16 PPE
1. in accordance with IAS 16 PPE, an entity may choose to make an annual transfer of excess depreciation from revaluation reserve to retained earnings. However my question is how an can result into excess depreciation… ?
2. moreover, this annual transfer refer to class of assets (like revaluation model) ? or simply just an ‘item’ ?
Hi,
Again, you’re posting in two forums for no particular reason. This has been answered already in the FR one.
Thanks
