Carrying value of investment

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1359 Points Posted on 16 January 2023
what will be the carrying value of investment in FY 2022 if the cost on 1april2020 is rs1000 and the market value on 31-3-2021 is rs900
and market value on 31-3-2022 is 950 rs
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On 16 January 2023 at 15:25 Report
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Quick Summary
This discussion explores how to calculate the carrying value of an investment for FY2022. It addresses the scenario where an investment cost £1000 on 1 April 2020, had a market value of £900 on 31 March 2021, and £950 on 31 March 2022. The key question is whether the carrying value should be £950 (the latest market value) or £900, considering accounting standards like AS13 and the principle of net realisable value (NRV).

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Profession Business
28246 Points Posted on 17 January 2023
Carrying value of investment at net realizable value.
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On 17 January 2023 at 06:33
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Finance
4592 Points Posted on 17 January 2023

NRV? Carrying amount is the cost or revalued amount. 

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On 17 January 2023 at 08:45
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1359 Points Posted on 17 January 2023
What will be the carrying value on 31march2022
950 or 900 ?
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On 17 January 2023 at 12:49
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Finance
4592 Points Posted on 17 January 2023

950 is the lowest so it must be posted. It seems that as13 is different because other conventions dont have this criteria. Its only cost or revalued amount.

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On 17 January 2023 at 18:37

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