How will you report the ppe in the consolidated balance sheet if some of the units use historical cost and some the market valuation?
If there is no historical cost data available, could you use the market value?
thnak you

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Dear all
If the life of an Asset is revised. Should we give effect retrospectively or prospectively. Please give refernce from IFRS/IAS.
and is it mandotary to revise the whole class of assets life. e.g if one truck is working in desert /rough areas and one is in city area do we have to revised the life of both?
Regards

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