What, if anything, is the difference between recoverable amount and fair value? Where revaluations are undertaken, can
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What, if anything, is the difference between recoverable amount and fair value? Where revaluations are undertaken, can a reporting entity use ‘value in use’ as the basis for the revaluation?
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Recoverable amount is defined as the higher of an assets fair value less costs of disposal and its v...View the full answer
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