06-14-2006, 03:41 AM
Hello Dears, could anyone assist , if assets are revalued during the year what would be the treatment for accumulated depreciation before the revaluation in accordance with IAS 16 . i know it can be either restated propotionately or eliminated against gross carring amount. but i m confused , should the depreciation for the year of revaluation has also same treatment?
Waiting!
Waiting!
