أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
The two models are:
1. Cost Model
2. Revaluation Model
cost or revaluation model,
As per IAS16 there are two models available
1, Cost model wherein the asset value will be determined after depreciation
2. Revaluation model wherein the asset value will be determined based on market condition