Impairment reversal

This topic has 1 reply, 2 voices, and was last updated 7 years ago by P2-D2.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
September 19, 2018 at 4:12 pm #475230
richardscully
Participant
- Topics: 197
- Replies: 145
Hi

i understand the impairment reversal cannot go higher than historical cost less depreciation to date, but can you revalue above the amount of historical cost less depreciation after reversal of impairment?
September 23, 2018 at 9:18 pm #475598
P2-D2
Keymaster
- Topics: 4
- Replies: 7235
Hi,

If it is held under the revaluation model then you could revalue it above in future.

Thanks
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.