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revaluation gain and loss

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › revaluation gain and loss

  • This topic has 2 replies, 3 voices, and was last updated 9 years ago by John Moffat.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • December 6, 2015 at 10:40 am #288166
    sattar786
    Member
    • Topics: 24
    • Replies: 23
    • ☆

    How do you treat revaluation gain and loss in an Income statement?

    December 6, 2015 at 11:09 am #288172
    Ali Asghar
    Member
    • Topics: 1
    • Replies: 9
    • ☆

    Taken to oci head of revaluation

    December 6, 2015 at 2:56 pm #288221
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54684
    • ☆☆☆☆☆

    “oci head of revaluation”?? What on earth do you mean.

    In Paper F3 you will not have revaluation losses.

    With regard to revaluation gains, they do not appear in the Statement of profit or loss. They appear below profit in the Statement of comprehensive income, and they appear in the Statement of changes in equity as a movement in the Revaluation Reserve.

    (I suggest you watch the free lecture on Limited Companies)

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Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘revaluation gain and loss’ is closed to new replies.

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