Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>

Borrowing costs, grants and investment properties – ACCA (SBR) lectures

Reader Interactions

Comments

  1. I am wondering why the 1.5 is taken to OCI. I think the revaluation surplus as of the time of transferring to I.P has been realized; hence, should be taken to P&L. Moreover, there will not be any further evaluation, especially, a loss that can then cancel the revaluation gain earlier recorded.

    Finally, at what point will the 1.5 in revaluation reserve be realized or taken to P&L?

    Thanks.

  2. in example 5, why has depreciation been shown as a positive figure and amortisation shown as a negative figure? Shouldn’t both depreciation and amortisation be subtracted, giving a P+L figure of (1.2) not (0.8)?

    • duncana,
      Amortisation here is recognition of annual portion of deferred income, so it is an income line, that is positive figure.
      Depreciation is a standard expense, that is negative figure.

  4. Hi,

    If the loan was funded for the project then why is it not 9/10 months rather than 9/12 months. It does not state anywhere the loan was made available in January.

    Or should we assume it is always for a full year unless stated.

    Please can you respond.

    • Hi,

      If the video is still on here then it will be suitable. We will eventually re-record them all so that P2 is not mentioned but given that there is no huge difference to how the accounting standards are examined then we haven’t re-recorded anything just yet.

      Thanks

Leave a Reply