Revaluation

1. Financial reporting.

A reassessment of the value of an item already held.

Revaluations can be upward or downward.

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.

See also

• Accrued benefit obligation
• Cost
• Currency
• Devaluation
• Foreign exchange
• Financial reporting
• IAS 16 (Tangible assets - Property, plant and equipment)
• IAS 38 (Intangible assets)
• Impairment
• Intangible assets
• International Financial Reporting Standards (IFRS)
• Other comprehensive income (OCI)
• Pension fraction
• Pensionable salary
• Remeasurement
• Revaluation model
• Valuation