Revaluation reserve: Difference between revisions
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A special accounting reserve recording the gains, net of any related losses, on the revaluation of tangible fixed assets. | A revaluation reserve is a special accounting reserve recording the gains, net of any related losses, on the revaluation of tangible fixed assets. | ||
Revision as of 11:24, 28 November 2017
Financial reporting.
A revaluation reserve is a special accounting reserve recording the gains, net of any related losses, on the revaluation of tangible fixed assets.
Relevant accounting standards include Section 17 of FRS 102.
