REVALUATION SURLUSForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › REVALUATION SURLUSThis topic has 3 replies, 2 voices, and was last updated 8 years ago by MikeLittle.Viewing 4 posts - 1 through 4 (of 4 total)AuthorPosts July 9, 2016 at 11:41 am #324944 thaohuyen67MemberTopics: 23Replies: 30☆☆Hi Mike,What is the difference between P/L and OCI? Why Revaluation surplus is not an income on P/L, it is one of component of OCI? Please explain it for me.Thank you very much. July 9, 2016 at 6:44 pm #325008 MikeLittleKeymasterTopics: 27Replies: 23200☆☆☆☆☆It’s not a surplus achieved in the ordinary course of business so Other Comprehensive Income is the place it should be shownWhy? Because that’s that the accounting standards say we should do! July 10, 2016 at 1:33 am #325108 thaohuyen67MemberTopics: 23Replies: 30☆☆Thank you for your support. 🙂 July 10, 2016 at 9:18 am #325204 MikeLittleKeymasterTopics: 27Replies: 23200☆☆☆☆☆You’re welcome – I presume that you shall wear it always!AuthorPostsViewing 4 posts - 1 through 4 (of 4 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In