Under IAS 16, revaluation gains are recognized in Other Comprehensive Income and accumulated in Revaluation Surplus, while revaluation losses are recognized in Profit or Loss. If a loss reverses a previous gain, it reduces the surplus first before affecting profit or loss. This approach ensures fair presentation of PPE values and proper equity classification. #IAS16 #RevaluationSurplus #RevaluationLoss #PPERevaluation #IFRSAccounting #OtherComprehensiveIncome #ProfitOrLoss #AccountingStandards #
Under IAS 16, revaluation gains are recognized in Other Comprehensi…
5 views3 weeks ago
FacebookAFM Accounting Software and Spreadsheet
What would be the journal entry for revaluation of an increase in the value of an asset? | Shaalaa.com
What would be the journal entry for revaluation of an increase in the v…
6 months ago
shaalaa.com
Revaluation | ACCA FA | PPE Series (Part 4) | Malayalam | Zainul Abid | Komet Learning
18:30
Revaluation | ACCA FA | PPE Series (Part 4) | Malayalam | Zainul Abid | …
42 views1 month ago
YouTubeKomet Learning
IPSAS 45 Lesson 8: Revaluation Model Worked Example (Practical Solution)
8:36
IPSAS 45 Lesson 8: Revaluation Model Worked Example (Practical …
56 views2 months ago
YouTubeLearnIPSAS-Accounting
Depreciation of Revalued Assets | ACCA FA | PPE Series (Part 5) | Zainul Abid | Komet Learning
25:26
Depreciation of Revalued Assets | ACCA FA | PPE Series (Part 5) | Za…
53 views1 month ago
YouTubeKomet Learning
Disposal of a Revalued Asset | ACCA FA | PPE Series (Part 6 - Final) | Zainul Abid | Komet Learning
18:34
Disposal of a Revalued Asset | ACCA FA | PPE Series (Part 6 - Fin…
2 views1 month ago
YouTubeKomet Learning
IAS 16 PPE Revaluation surplus and revaluation deficit
11:27
IAS 16 PPE Revaluation surplus and revaluation deficit
15 views3 weeks ago
YouTubeAFM Accounting Software and Spreadsheet
14:01
Spring 2021 Q1 Statement of changes in equity with revaluatio…
7 views2 months ago
YouTubeTaha Popatia
Revaluation Model under IAS 16 PPE
833 viewsJan 20, 2021
YouTubeEscribir Academy
21:02
IA1 Reclassification of financial asset
3.7K viewsJan 16, 2022
YouTubeAngel Palomique, CPA
Adjustment and Revaluation of Assets: Revaluation Account and …
Jul 2, 2018
toppr.com
24:43
Acquisition & Disposition of Property, Plant & Equipment | Inte…
32.9K viewsJan 3, 2023
YouTubeErmi E-learning
Revaluation Surplus || Excess Depreciation || IAS 16 - DipIFR [ R…
3.2K viewsJun 10, 2020
YouTubetakshila learn
Journal Entries for Revaluation accounting
15.6K viewsDec 8, 2017
YouTubeAVC LEARNING SOLUTIONS
4:14
Shifting from Revaluation Model to Cost Model | Mustafa Mirchawala
1.6K viewsDec 3, 2024
YouTubeMustafa Mirchawala
2:58
How to Account for Purchases with Returns and Allowances
6.2K viewsFeb 22, 2023
YouTubeWild Accounting
13:29
Accounting Standards Lectures| IAS 16 PPE Treatment of Revaluation
2.8K viewsNov 15, 2019
YouTubeNhyira Premium
Alternative Cost Flow Assumptions - Perpetual Inventory System - Cha…
464 viewsJun 26, 2020
YouTubeEvan van Dyk
5 The revaluation model
65 viewsNov 17, 2021
YouTubeClick Virtual University
3:46
Accrued Revenues SIMPLIFIED: Understand the basics with ease!!
886 viewsJan 29, 2024
YouTubeAccounting Is A Joke!
SOLVED:For each of the following items before adjustment, indicate …
May 12, 2020
numerade.com
0:52
revaluation account format 2022 explained #shorts
28.4K viewsDec 8, 2022
YouTubeAmuda Academy
7:20
Revaluation Surplus and Transfer of Excess Depreciation
15.4K viewsJan 27, 2021
YouTubeACCA Exam Prep
18:53
Asset Revaluation - Basics
67.6K viewsAug 22, 2014
YouTubeRobert Czernkowski
26:03
Adjusting Journal Entries | Examples
97.7K viewsMay 2, 2021
YouTubeCounttuts
17:04
IAS 16 - PPE, Revaluation Model
11.3K viewsMay 11, 2020
YouTubeKrutika Adatia
32:43
FA14 - Adjusting Journal Entries EXAMPLES
516.4K viewsAug 26, 2019
YouTubeTony Bell
9:24
FA16 - Adjusted Trial Balance
126.4K viewsAug 26, 2019
YouTubeTony Bell
7:57
Accounting for Revaluations of PPE
228.3K viewsApr 6, 2014
YouTubedrdavebond
12:26
Luqman Rafiq | Revaluation Model under IAS 16 PPE
22.1K viewsJan 20, 2021
YouTubeLuqman Rafiq
See more videos
Static thumbnail place holder