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How a company should account for a revaluation increase

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Reference no: EM132525376

Question 1: Whether and how a company should account for a revaluation increase and a revaluation decrease on property, plant, and equipment?

Question 2: How the accounting treatment if such an increase or decrease is reversed?

Question 3: Whether internally generated intangible assets should be treated in the same way as acquired intangible assets?

Reference no: EM132525376

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