IAS 38 Intangible Asset

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December 18, 2018 at 11:28 pm #492281
gangsta1
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Sir, where the revaluation model is applied to an intangible asset (subsequent measurement), are the resulting gains/(losses) accounted for just as those under IAS 16?
December 24, 2018 at 9:55 pm #492642
P2-D2
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Hi,

Yes they are but intangibles are very rarely revalued, as there is rarely an active market.

Thanks
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