Consideration and Revaluation reserve: Difference between pages

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imported>Administrator
(CSV import)
 
imported>Doug Williamson
(Update for FRS 102)
 
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1. ''Contract law.''
A special accounting reserve recording the gains, net of any related losses, on the revaluation of tangible fixed assets.
A required element in a contract by which something of value, including a promise, is exchanged for the act or promise of another.


2.
More generally, thoughtfulness and sensitivity towards others.


3.  
Relevant accounting standards include Section 17 of FRS 102.
To act with courtesy and consideration is one of the principles of the ACT's Ethical Code.
 


== See also ==
== See also ==
* [[ACT Ethical Code]]
* [[FRS 102]]
* [[Consensus in idem]]
*[[Tangible asset]]
* [[Contract]]
* [[Courtesy]]
* [[Quid pro quo]]
 

Revision as of 11:34, 6 November 2015

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.


See also