[bhoornima]

Thank you. It is agreat help.

[bhoornima]

Both have bee asked in the dec 2011 paper.

[bhoornima]

Thank you for clarifying. I was not aware OCI and OCE are both available inboth Por L ( SOCI) and Reserves (.in the equity section)

The following sentence in a text book (Wliley IFRS practical imlementation Guide and workbook) made this matter rather vague.to me (page 401.)
‘A revaluation increase is to be recognised in other comprehensive income and accumulated in equity unless it reverses a previously recognised impairment loss in which case it can be recognised in profit and loss’.

My doubt was ‘the increase is to be recognised in OCI and accumulate in equity’. How could an item in Por L can be treated as a reserve even if it is considered ‘unrealised’.

Bhoornima

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