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As per IAS 16, When an asset has been revalued at year end. The asset NBV will be for e.g $50K.
Then IAS 36 says that recoverable amt is higher of FV- costs to sell or value in use.So if the costs to see is $5k and value in use is difficult to determine.Hence RA becomes $45K.
Hence, is the NBV and the RA at the end of the day the same?
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