Fixed Assets - EBS (MOSC)

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Negative Revaluation vs Impairment

edited Aug 28, 2023 5:42AM in Fixed Assets - EBS (MOSC) 2 commentsAnswered ✓

If an asset was revalued and after a few years it was found that the value needs to be brought down, negative revaluation should be done or Impairment should be done?

Will both produce same result?

~Rama

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