Table of Contents

Serial

Contents

No.

Page
No.

1.

Introduction

01

2.

Property, Plant & Equipment Defined

01

3.

Reasons for Revaluation

01

4.

Preliminary Considerations for Revaluations

02

5.

Analysis of Financial Statements

03-09

5.1 Engagement Evaluation

03

5.2 Client Acceptance Procedure

03

5.3 Use of Methods for Asset Revaluation

04

5.4 Rating of Assets

06

5.5 Factors Influencing the Condition of the Assets

07

5.6 Rechecking the Rationale of Depreciation Base and Method

08

5.7 Use of Revaluation Method

08

5.8 Frequency of Revaluation

09

6.

The Declaration of Revaluation News by NPOLY

10

7.

The Impact of Revaluation on the Financial Statements

10

8.

Impact of Revaluation on the Share Market

9.

12-15

8.1 Impact on the Share Market on a Daily Basis

12

8.2 Impact on the Share Market on a Monthly Basis

14

Conclusion

15

Appendices

16-30

(i) Questionnaire Used for the Evaluation of Client

16

Engagement Proposal
(ii) Closing Prices of National Polymer Industries Limited
Collected from DSE

27