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Topic: Business
Number of pages / Number of words: 28 / 7652
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In this context, revaluations, i.e. changes

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Page 6

6 in value other than those resulting from transactions, were not considered a realised profit and profitsshould only be recognised when the whole production cycle had been completed, which wassomething that only took place when it could be shown that there had been: a) a sale or other form ofdisposal, b) an increase in liquid assets...


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In this context, revaluations, i.e. changes

--------------------------------------------------------------------------------

Page 6

6 in value other than those resulting from transactions, were not considered a realised profit and profitsshould only be recognised when the whole production cycle had been completed, which wassomething that only took place when it could be shown that there had been: a) a sale or other form ofdisposal, b) an increase in liquid assets...


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