Accounting for Revaluations of PPE

This video outlines how to account for PPE revaluations pursuant to AASB 116 Property, Plant and Equipment (please note that AASB 116 is equivalent to IAS 16 Property, Plant and Equipment).

Published on 6/4/2014

[mackerman]

Even after 7 years, your video is more useful than most university lectures these days. I learned this topic in class last week but didn't understand a thing. After watching your video, I can say that I don't find this topic difficult anymore. So grateful for this!

[jadebao]

I almost cried when I was reviewing this part for my IFRS exam.
Too fast to follow in the class, too messy to understand in the slides.
Too stupid to ask the lecturer any questions.

You are the best.

[MT.-]

U have condensed my uni’s 1.5hr lecture into 7mins!! What a time saver. Thank you

[areebaejaz]

The reversal entries are hard to understand if you are reading about them on your own but everything clicks when you explained it. Thank you. It was super helpful.

[drdavebond]

Hi Sekgabo - I couldn't reply directly to your comment, but I do have a video on the cost model. If you search Accounting for Impairments of PPE in my channel, you'll find it there.

[kedardavis]

I sat in three classes on this topic, but just didn't get it. But thanks to this video, its crystal clear now. Well explained. Thank you!!

[NicaKasende]

Omw, i cannot believe i learnt this in 7mins. Thank you so much, it's very much appreciated. ❤

[MMNNLL]

THANK YOU! Finally someone explained it clearly!

[slobkabob]

thank you so much for your videos. I should've found your youtube channel, then I wouldn't have failed my accounting standards & regulations subject last semester. You explained so so well, very clear and concise. I really appreciate your work, you don't know how much it means to me since my lecture videos are so so shit haha. THANK YOU SO MUCH.

[welele]

Read a fat textbook for two days, could not understand much. Watched this video three times, i understand everything!! Thank you sir.. Do you have a video on the cost model?? if not, please make one :) or send me a link to a video you recommend. All the other videos are terrible or don't have practical examples

[daymy]

thankyou sir! i have my intermediate accounting exam tomorrow and kinda anxious because i didn't understand how revaluation works, really grateful i found this channel, thankyou so much!

[taylorhall]

awesome video! Any chance you could do one for revaluation on intangible assets? Any differences besides substituting depreciation​ for amortisation?

[malehlohonolo]

Thank you so much. This was very helpful!
You have a new subscriber all the way from SA🇿🇦😊

[norfazilaroslan]

Done subscribe yours... Thanks for the knowledge... 🙏🙏

[سامحسيد-صج]

My greeting from Egypt u r very simple explanation u r perfect

[neema]

Very useful..

Killed so many birds at the same time😂😂☺️♥️

[mrgm]

Woah.... Supper effective and efficeint....thanks

[Sandy-wtky]

Please keep helping us you are easy to understand unlike my class instructor

[harishprasadjoshi]

I'm understand very long time. This is excellent lecture.

[abdullomukhammadkulov]

very clear and to the point, thank you for your time to prepare the video !