||One of the problems caused by the changes in prices and inflation, is the irrelevancy between the items in financial statements, particularly in fixed assets and capitals of banks. In order to remove such a problem, more desirable preparation of financial statements and correlate these items with each other, we need revaluation of the fixed assets. For this purpose, after the revolution on December 21, 1988, a law was passed for the revaluation of bank’s fixed assets "The amounts, obtained from the revaluation of available assets in banks from the date of ratification of this law, are exempted from taxation only once, and that these amounts must be carried into the bank capital". The mentioned law, probably targetting at upgrading the financial status of the Iranian banks in the international level or to provide coverage for the accumulated losses of banks originated from the policies adopted during the imposed war, had so many ambiguities that it was not carried out until 1992. These ambiguities include the revaluation of all bank assets, the amounts originated from the depreciation and the revaluation of assets. As a result, the high council of banks, in the extra meeting on November 19, 1991, approved a manual for it. According to this manual, different assets included for revaluation were; land, building and goodwill (location and particular-purpose vehicles, the method of certain evaluation, indexes for pricing and finally the method of depreciating and accounting for the assets revaluated).
With this manual, the problems related to the revaluation of banks fixed assets were removed to great extent. However, there was still an inconsistency between this method and the international criteria. Banks mostly pursued the apparent increase of their capitals and based on the manual of the high council of banks, the surplus created by the revaluation, has been transferred to the capital account. Although, this was done legally, we should note that nothing is gained through this method to increase the capital disbursed. Thus, the only possible way to increase the disbursed capital is through deposits, undivided profits or shareholders, reinvestment.
The subject of this research, therefore, is to study the effects of the revaluation of fixed assets in Bank Maskan, carried out according to the manual, approved by the high council of banks and also based on the standards of accounting.