UK VPGA 1 Valuation for financial reporting: general matters
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1 The depreciated replacement cost (DRC) method of valuation is used where there is no active market for the asset being valued – that is, where there is no useful or relevant evidence of recent sales transactions due to the specialised nature of the asset. 2 It is important to understand that the word...Explore the subscription options here to get full access to isurv, including downloads.
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