Revaluation: Difference between revisions
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imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add links.) |
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A reassessment of the value of an item already held, usually resulting in an increase in value. | A reassessment of the value of an item already held, usually resulting in an increase in value. | ||
Revaluation gains or losses are generally dealt with as part of other comprehensive income. | |||
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* [[Foreign exchange]] | * [[Foreign exchange]] | ||
* [[Impairment]] | * [[Impairment]] | ||
* [[Other comprehensive income]] | |||
* [[Pension fraction]] | * [[Pension fraction]] | ||
* [[Pensionable salary]] | * [[Pensionable salary]] | ||
Revision as of 19:22, 21 December 2020
1. Financial reporting.
A reassessment of the value of an item already held, usually resulting in an increase in value.
Revaluation gains or losses are generally dealt with as part of other comprehensive income.
2. Foreign exchange.
A change in the value of a currency in a fixed exchange rate system, usually resulting in an increase in its value relative to other currencies (contrasted with a devaluation).
3.
Any reassessment of value.
