September 2025 ACCA Exams

How was your exam? Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

loss on revaluation

This topic has 2 replies, 3 voices, and was last updated 8 years ago by John Moffat.

Viewing 3 posts - 1 through 3 (of 3 total)

Author
Posts
June 22, 2017 at 2:44 pm #393811
scelothande
Member
- Topics: 2
- Replies: 5
hello! loss on revaluation is only charged to SOCI right? do we transfer it to revaluation reserve like gains?
June 22, 2017 at 3:06 pm #393814
hanningtonsserwadda
Participant
- Topics: 27
- Replies: 20
I don’t think we should transfer the loss to revaluation reserves unless it is a reversal of a previous loss for the same asset.
June 23, 2017 at 7:11 am #393861
John Moffat
Keymaster
- Topics: 57
- Replies: 54748
hanningtonsserwadda: You are correct, but please don’t answer in this forum, because it is Ask the Tutor.
scelothande: hanningtonsserwadda is correct 🙂
Author
Posts

Viewing 3 posts - 1 through 3 (of 3 total)

The topic ‘loss on revaluation’ is closed to new replies.