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REVALUATION MODEL – IAS 16 – DipIFR Revaluation Model: After acknowledgment as a benefit, a thing of property, plant and hardware whose reasonable worth can be estimated dependably will be conveyed at the revalued sum, being its reasonable incentive at the date of the revaluation less any ensuing gathered deterioration less resulting amassed debilitation misfortunes. Revaluation is done at reasonable worth, however, the model is known as Revaluation model since increment in the estimation of advantage is undiscovered addition and recorded as Revaluation SurplusIt is unique in relation to reasonable worth model, as in Ind AS, on the off chance that we utilize the term, re-estimated at a reasonable worth. It implies if there should arise an occurrence of a thing at a reasonable worth, re-estimation to reasonable worth is done toward the finish of every year. Revaluation practice isn't done toward the finish of every year What is the Frequency of Revaluation? Revaluati