What are some potential drawbacks or risks asso... - SS2 Accounting Revaluation of Assets Question

One potential drawback of asset revaluation is that it can result in increased depreciation expenses and tax liabilities in the future. Additionally, revaluing assets can be a complex process that requires the engagement of professional valuers, which can be costly. There is also the risk that the fair market value of the asset may not accurately reflect its true value or that the valuation process may be subject to bias or error. Finally, revaluing assets can have an impact on a company's financial ratios and may cause fluctuations in its stock price.