PPE - revaluation upwards - ACCA Financial Reporting (FR)
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PPE - revaluation downwards - ACCA Financial Reporting (FR)
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PPE - revaluation downwards - ACCA Financial Reporting (FR)
Jun 5, 2018
opentuition.com
As per IAS 16 Property Plant and Equipment (PPE) asset is initially measured at cost.For the subsequent measurement of a PPE,an entity has a choice of Cost Model or Revaluation Model. In this video, our expert tutor Luqman Rafiq - ACCA, CIMA explains reasons for which revaluation model was introduced and how revaluation of PPE can be accounted for using either gross replacement method or net replacement method. For more lectures, visit website https://escribiracademy.com/Home/Home | Escribir Aca
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