Revaluation reserve: Difference between revisions
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imported>Doug Williamson (Expand first sentence.) |
imported>Doug Williamson (Link with Reserves page.) |
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''Financial reporting.'' | ''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. | A revaluation reserve is a special, separate, accounting reserve recording the gains, net of any related losses, on the revaluation of tangible fixed assets. | ||
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== See also == | == See also == | ||
* [[FRS 102]] | * [[FRS 102]] | ||
*[[Reserves]] | |||
*[[Tangible asset]] | *[[Tangible asset]] | ||
Revision as of 11:27, 28 November 2017
Financial reporting.
A revaluation reserve is a special, separate, 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.
