• option 1 is to transition to the historical cost model
• option 2 is to continue with the revaluation model but hold all assets at fair value
• option 3 is to refine the valuation method based on the asset category (see table below)
• option 4 is to be more prescriptive about the frequency of revaluation either a periodic reset of deemed cost to current valuation or to continue on the current basis valuation basis, or the basis proposed in option three, but prescribe that the valuation should take place every five years.
This event is for senior NHS finance and healthcare professionals and will provide delegates with the know-how to begin applying value in practice.
This conference provides those responsible for financial reporting the opportunity to start to plan for the financial year-end.