The timing of a revaluation can vary depending on the specific context, such as property assessments, currency evaluations, or economic measures. Typically, local governments or financial authorities announce revaluation schedules in advance, often aligning them with fiscal years or specific economic conditions. For precise information, it's best to consult the relevant authority or organization overseeing the revaluation process.
Fundamentally, a revaluation surplus and a revaluation reserve is the same. A revaluation reserve is a revaluation surplus obtained from evaluation.
a revaluation increase is credited to equity as a revaluation surplus, unless it's a reversal of a revaluation decrease, when it should be recognised as income.
Surplus on revaluation of assets means that on the even of revaluation, more assets has appreciate in their value then depreciate.
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The author of the book White Revaluation is K.M. Parchure.
Revaluation of the Turkish Lira was created in 2005.
Yes...revaluation reserve is a part of capital reserve.
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"The revaluation of your job offer is underway, Mr. Harrison."