Understand Revaluation Model(CFA L1 FSA Revision)

Revaluation Model: Everything You Need to Know!

Have you ever wondered difference between Revaluation Model and Historical Cost Model to value asset?

This video is perfect for finance students, and investors looking to enhance their understanding of finance concepts! 💡📊

0:00 Intro
00:09 Introduction to the revaluation model for long-term assets.
00:44 Depreciation of machinery varies between US GAAP and IFRS.
01:20 Revaluation reflects current asset value adjustments under IFRS.
01:55 Asset revaluation affects income and equity reporting.
02:30 Loss allocation involves adjusting profits and recognizing losses in financial statements.
03:06 Recognizing asset value changes in income statements vs. comprehensive income.
03:38 Revaluation model treatment of gains and losses explained.
04:13 Revaluation model treatment involves handling profits and losses effectively.

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[Pathofstoicism]

sir when we use lower of cost or nrv wala thing