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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Ias 40 investment property
Any revaluation of investment property goes where? And are assets held for sale revaluable?if yes where does its revaluation go?
I believe that they both go through Comprehensive Income – but assets held for sale are fair valued at the date of the classification as ahfs and will probably be disposed of within the near future – so revaluation should not be an issue
