Incremental depreciation on revaluation surplus

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Incremental depreciation on revaluation surplus

Sh.Mohsin
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#1

03-06-2010, 05:56 PM

As per revised IAS 1, Companies shall prepare statement of comprehensive income.

Whether incremental depreciation on revaluation surplus should be credited in other comprehensive income or directly credited in equity.

As per IAS 1, all revaluation gains are shown in other comprehensive imcome but as per C.O. 1984, incremental depreciation will be directly credited to equity.
What is the recommended treatment????

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Incremental depreciation on revaluation surplus - by Sh.Mohsin - 03-06-2010, 05:56 PM

[No subject] - by kamranACA - 03-06-2010, 11:59 PM

[No subject] - by kamranACA - 03-07-2010, 01:09 AM

[No subject] - by Qureshi Muhammad Zeeshan - 03-07-2010, 05:03 AM

[No subject] - by hmmm - 03-09-2010, 12:16 AM

[No subject] - by ciapk - 03-09-2010, 02:09 AM

[No subject] - by Sh.Mohsin - 03-09-2010, 07:14 PM

[No subject] - by ciapk - 03-09-2010, 09:23 PM

[No subject] - by ciapk - 03-09-2010, 09:26 PM

[No subject] - by Sh.Mohsin - 03-10-2010, 06:37 PM

[No subject] - by Sh.Mohsin - 03-10-2010, 07:03 PM

[No subject] - by kamranACA - 03-11-2010, 06:32 AM

[No subject] - by ciapk - 03-12-2010, 06:14 PM

[No subject] - by Sh.Mohsin - 03-12-2010, 06:24 PM

[No subject] - by ciapk - 03-14-2010, 05:21 PM

[No subject] - by kamranACA - 03-15-2010, 02:59 AM

[No subject] - by kamranACA - 03-15-2010, 03:03 AM