- This topic has 1 reply, 2 voices, and was last updated 4 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Sir I understand that recoverable amount is higher of ‘FV less costs to sell’ and ‘Value in use’. However when it comes to FV less costs to sell or NRV, the measurement amount of NRV used is the one at the end of useful economic life of the asset OR it is the NRV that will be generated IF SOLD TODAY at the end of this reporting period(even if it’s not the end of the useful life of the asset)????
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.