Revaluation model (for the @CFA Level 1 exam) - part 1 

Remarkable video and quality of teaching. Kudos to you mate!

Hey!!!!! I AM deeply grateful with You sir! I started watching the video series, 2 weeks before 23 Aug. The examen day. Yesterday I check the results. I PASSED! Your explanation of the topics was extremely relevant for the results. THANK YOU!!!!

Great video, especially the flow of revaluation gains and losses amount financial statements.

Thank you so so much for making all of these videos. I’m currently in Junior year struggling to find a way to ace my CFA level 1 exam. Your videos help me sooo much. I can’t thank you enough 🥺❤

Many people may not realise how much pain he took to teach, he is literally writing on mirror backwards, which we are reading normally !! World deserve teacher like u

Excellent & crystal clear

Thank you so much for your videos. Im grateful

Wow, just wow, I knew that gains are taken to revaluation reserve, but didn't know that its other effect is in OCI as well. Thank you so much for clearing my doubt.

Marvelous!!!

really grateful 🙏 for it

Thanks for sharing!

"Third, asset revaluations that increase the carrying amount of an asset initially increase depreciation expense, total assets, and shareholders’ equity. Therefore, profitability measures, such as return on assets and return on equity, would decline." Why does the excerpt say that depreciation expense is initially increased when it should have no impact over net income (bypassing P&L)?

This was a very good explanation

Great video!! cleared a lots of concepts. What would happen incase of imparment? Let me guess, the revaluation surplus won't be affected if they were zero initially. So all the loss will go into the PnL and there won't be any change in OCI. Ok I am getting a hang of this now. If the imparment was equal to the initial appreciation then there will be a decrease in OCI but no change in PnL. Similarly if the imparment were less than the initial gain / the current revaluation surplus then, again there would not be any change in PnL but the OCI would reduce. Last but not the lease the example you mentioned -> if you end up loosing more than your initial revaluation surplus then both OCI and PnL are impacted

Thanks, Mr. Wojciech! I've got an off topic question: Do you suggest going with the sequence of the AM session (First ethics, then quant etc.) or first dealing with all the other topics and then coming back to the ethics?

Do we have the debits and credits correct🤔. Increase in value should be a debit to asset and a credit to revaluation surplus? Or am I wrong? Thanks for the great guides

No disrespect, you explained a simple thing in such a over exaggerated way.