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Change in PPE from cost model to revaluation model

  • Writer: Thomas Tsang
    Thomas Tsang
  • Nov 30, 2021
  • 1 min read

For change of accounting policy for PPE from cost model to revaluation model. It is not follow FRS 8 as exempted from prior year adjustment.


The change will apply prospectively from the date of revaluation.


 
 
 

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