Real Estate Personal Property | O'Connor Tax

A Listly List - A reversal of an impairment loss for an asset other than goodwill shall be recognized immediately in profit or loss, unless the asset is carried at revalued amount in accordance with another IFRS (for example, the revaluation model in IAS 16 Property, Plant and Equipment). Visit us @ https://www.poconnor.com/valuation-of-personal-property-in-practice/