- This topic has 1 reply, 2 voices, and was last updated 15 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
- Topics: 12
- Replies: 18
- ☆
Hey Werty:
I find the following statement somewhat difficult to understand. Could you possibly elaborate the meaning:
“Companies can adopt a policy of revaluing assets if they wish. If they revalue assets the carrying amount should approximate to the fair value at the reporting date”
Thank you.
Best wishes,
SK
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.