Revaluation disclosures

Learning objectives

• Prepare the disclosures for a revalued class, including the carrying amount under the cost model.L3, L4

Normative references

• IAS 16 §77Revalued assets (in addition to IFRS 13): effective date, whether an independent valuer was involved, carrying amount under the cost model by class, revaluation surplus (change and restrictions on distribution).

Original summaries of the paragraphs (reference register), never a quotation of the standard.

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