Thank you for watching this video. Become a VIP Member by Subscribing To My Channel goo.gl/Nw9WJU Check out these playlists also, Management Accounting ru-vid.com/group/PLr0o467TparX-T2HRzbQHeL3GvdeQUjsQ Financial Management ru-vid.com/group/PLr0o467TparXJe7a9Kmh7XIkWCaFdRECO Public Sector Accounting and Finance ru-vid.com/group/PLr0o467TparUVByDsBSUzp4gz7FY-ZCiX Financial Reporting / Corporate Reporting ru-vid.com/group/PLr0o467TparV0dWblpCOnwN2oVHjmzpKx Strategic Case Study ru-vid.com/group/PLr0o467TparWm9hiAwhsmgzG1deg3ZjWk
I'm still struggling with revaluation model and how to do the revaluation reserve! I just don't understand 🙇🙇🤦🤦may you please upload more videos on that Sir! I'm from Namibia 🇳🇦🇳🇦🙏🙏
@@penelaomwandingi3969 hello, check the playlist titled Accounting Standards Series and you will get the videos on IAS 16. I have covered Revelation in some of the videos
This is a job well done. The approach makes it very easy to understand. However, I will like you to help me throw more light on "the cost of opening a new facility" among others as cost that are not part of cost of an asset. Thanks sir
@@NhyiraPremium I read that some of the cost that cannot be recognised as the cost of an item of PPE are: 1. Cost of opening a new facility or business. 2. Cost of introducing a new product or service etc. I don't really understand no 1 . kindly help me throw more light. Thanks 2.
@@tayeolusesan6752 Alright, cost of opening a new facility could be the ceremony, refreshments and other costs. These don't meet the definition of expenses to be capitalized under IAS 16. Is that clear now?
Good afternoon sir. Thank you for making the standards so easy. Pls can you do a video on IFRS 2 and IAS 19 God bless you. I am writing ACCA IFRS Diploma for June 2021.
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