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IFRS Notes

11603


IAS 16: Measurement

Measurement at recognition
measured at cost

Measurement after recognition
choose either (1) or (2)
(1) cost model
(2) revaluation model

Cost model
carrying amount = cost - (1) - (2)
(1) accumulated depreciation
(2) accumulated impairment losses

Revaluation model
revalued amount = (1) - (2) - (3)
(1) fair value at revaluation date
(2) subsequent accumulated depreciation
(3) subsequent accumulated impairment losses
 

   
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