Question: Assume that BrazilCo's Controller(from the previous case study) has asked whether revaluation of the building is appropriate assuming BrazilCo's had applied IFRS for SMES (assuming

Assume that BrazilCo's Controller(from the previous case study) has asked whether revaluation of the building is appropriate assuming BrazilCo's had applied IFRS for SMES (assuming the company was permitted to apply this guidance).

Draft a brief email to the company's Controller explaining the different accounting, and cite the source.

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