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Asset Lifecycle Management - PSFT (MOSC)

Asset Revaluation

Nov 21, 2021 6:18AM in Asset Lifecycle Management - PSFT (MOSC) 1 commentAnswered

How to perform retroactive asset revaluations:

a) New Fair values defined as of Dec 2020

b) There are some Assets that have change to remaining life along with new FV

c) Other Assets have only new FV defined, with no change in remaining life.

Performing delivered Revaluation (cost-based) causes a change in COST. I am expecting only change in period depreciation as of Dec 2020.

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