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Earlier discussion
1 older comment kept for context.
Oluwaseun Adeyemi
In finance, a revaluation of fixed assets is a technique that may be required to accurately describe the true value of the capital goods a business owns. This should be distinguished from planned depreciation, where the recorded decline in value of an asset is tied to its age.
When a purchase business is revalued, the effect is that an increase in the value of asset is treated as an decrease in the value of goodwill.