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exchange gains/losses on non-monetary assets

This topic has 1 reply, 2 voices, and was last updated 10 months ago by Stephen Widberg.

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August 14, 2021 at 10:57 am #631538
Jiya024
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professor can you explain where will any exchange gains/losses on revaluing non-monetary assets(measured under revaluation model under IAS 16 or IAS 38) go? SPL or OCI?
August 15, 2021 at 3:13 pm #631662
Stephen Widberg
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PPE or INTANGIBLES – XD TO OCI
INVESTMENT PROPERTY – XD TO P&L

XD follows the underlying gain or loss
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