hello sir, i wanted to know on derecognition of intangible assets what is the process in the sense that what happens to the gains on revaluation and is a revaluation reserve created for those gains?
You start by drawing my attention to “derecognition of intangible assets” and move on to revaluation gains
Give me an example of a derecognition of an intangible asset that resulted in a revaluation gain because, until you do, I’m not sure what the problem is!