IAS 16 PPE | Property, Plant & Equipment | Revaluation Model | Commerce Specialist |

[@maryamfatima3134]

You've explained better than my teachers. I am a student of masters in accounting and finance, in Uk. I prepared my exams through your videos. Thank you these videos are really helpful

[@CommerceSpecialist]

Ur most welcome Maryam🙏👍

[@jepheryminkis7049]

so far is only yours i fully get the understanding of these IAS
Thanks so much

[@kaifsarfraz2082]

Sir g tusi great ho 💞💖
Excellent thanks a lot muje IAS 16 mein bs yhi smj ni aa rha tha but im thankful to God k apki video dekh li ❤

[@CommerceSpecialist]

@@kaifsarfraz2082 thx dear👍🙏

[@mustafakafina4148]

Thank you sir, this video make the picture clear for IAS16 and Depreciation

[@Man-is888]

You are a brilliant teacher, thank you for your simple and quick explanation

[@CommerceSpecialist]

@@Man-is888 ur wekcome dear

[@faisalaziz4001]

Its too good to know about IAS 16.

[@CommerceSpecialist]

Thanks dear

[@Upeksha-mf4fg]

Thank you very much for this explanatory videos yours.You have made them clear and to the point.So glad i found it.Thanks again

[@CommerceSpecialist]

You are most welcome dear😊🙏👍

[@joechibangu2007]

Thank you Sir, sincerely appreciated for all your tutorials. You have done justice to ACCA 7.🙏

[@CommerceSpecialist]

Thanks a lot for ur appreciation👍🙏

[@emmanuelmwesigye6519]

You have explained IAS 16 very well. Thank you so much.

[@CommerceSpecialist]

@@emmanuelmwesigye6519 ur welcome my dear🙏👍

[@cabdiraxmanmuse7710]

Al ways supportive and fruit full explanation. Thanks for your kind effort

[@CommerceSpecialist]

Ur welcome dear🙏👍

[@ajaykumar-et8nx]

Really a specialist 👏

[@SujiKotari]

Sir actually i am preparing for FR for september i am doing self study i am following ur videos very help ful ur teaching was very nice sir tq so much ur hardwork paysoff...

[@CommerceSpecialist]

Good Luck dear

[@samaralbalushi7775]

Thank you sir, it was really helpful.
Understood everything

[@JohnBassey]

I read this topic this morning adding with your teaching it became more interesting. Thank you sir.❤🇳🇬

[@CommerceSpecialist]

Ur welcome dear🙏👍😊

[@JohnBassey]

@@CommerceSpecialist 🙏

[@Muzz2ray]

Thank you so much sir this is way too helpful to my IAS 16 study

[@CommerceSpecialist]

Ur welcome dear

[@shazahanislam2097]

Excellent presentation Sir. Thank you very much.

[@CommerceSpecialist]

Thanks dear

[@Jawad800-w2j]

The most understanding explanation

[@CommerceSpecialist]

@@Jawad800-w2j 🙏😊

[@trappedinownthoughts2163]

Thank you very much sir it was very useful
will be eagerly waiting for new videos related to ACCA ❤

[@asadullahalgalib2080]

thank you sir for describing this clearly. it is very helpful for me

[@CommerceSpecialist]

@@asadullahalgalib2080 ur welcome dear🙏👍

[@MathipaChepape]

I am new and i am definitely subscribing to your channel.
Thank you Sir

[@CommerceSpecialist]

Ur welcome dear😊👍🙏

[@farhanali9956]

Explained efficiently ❤

[@CommerceSpecialist]

@@farhanali9956 thx dear👍

[@natkakirovajonuzi4285]

Great presentation

[@CommerceSpecialist]

Thanks

[@sa._.049]

Very well explained, thank you so much sir. May Allah bless you.

[@CommerceSpecialist]

Dear Samia
Thx a lot, this is what keeps me going.

[@SanaThazneem-ms1cr]

well explained sir , i am preparing for acca ,this vedio helped me alot 😊😊

[@Toini89]

May God bless you for this.. I fully understand. Thank you sooo much

[@CommerceSpecialist]

Ur welcome dear👍🙏

[@sumidevi8684]

Clearly understanding . thank You sir

[@CommerceSpecialist]

Ur welcome👍

[@IntelligenceAp]

Sir I am glad to come across your videos My Energy has Increased just in the Last Hr of watching Your Videos I need some one to Study with in Atlanta is there a beginners group you know of in that area. Thank You Thank You Thank You for this Knowledge . I want to be a Accountant because I have come across a few Accountants in my travels . This information is changing my Life because of the accuracy of what you say and How you say it .

[@anamnaaz5942]

Sir, I have 1 question which is that why at the time of Initial Recognition the asset is recorded at cost value...??

[@CommerceSpecialist]

This is as per Cost Principle, All NCA are initially recoreded at their cost.

[@ahsanullahjunejo1830]

Perfectly explained

[@CommerceSpecialist]

Thanks dear

[@theophistat.9324]

Thank you! But quick qn. why did we credit motorvehicle and not depreciation at 19:04 ?

[@CommerceSpecialist]

Because previous accumulated depreciation is already cancelled whn revaluation is done.

[@Accountantroom]

Sir, thank you for the explanation. I have just one question: whenever an asset is revalued downward, can we only adjust the revaluation surplus to the extent of any excess from a previous upward revaluation after accounting for depreciation?"

[@ahmadfarhan-x6n]

it is well explained .thank u sir .

[@bhupendrasinghrajput701]

Crystal clear, thank you so much ☺️

[@CommerceSpecialist]

You're welcome dear🙏👍

[@shijicsam6043]

Awesome class and well explained Worth to professionals. Expecting soon your tutorials in cost accounting 👍🏻👍🏻

[@CommerceSpecialist]

Thanks d3ar Shiji, many videos are already on my channel on costing on my channel, just check with topic's name and you will find dear

[@shijicsam6043]

@@CommerceSpecialist 💓💓💓

[@muhammadtayyabjamshid8113]

Sir you are geniou❤

[@mary-theresaogbuakanne7787]

Thank you for this excellent and insightful teaching

[@CommerceSpecialist]

👍❤️🙏🙏

[@LizinessDupu-sw5fx]

At least someone has explained it clearly

[@CommerceSpecialist]

🤣🙏👍

[@RituSharma-zy5zj]

Thank you, that’s very well explained

[@CommerceSpecialist]

@@RituSharma-zy5zj thanks dear

[@MakuYidu]

10q is the deperciation continue for the nexy 15years by the revaluation cost??

[@gaushaibrahim2616]

How will the entry be for the disposal of a revalued asset??.

[@CommerceSpecialist]

@@gaushaibrahim2616 watch my next video

[@imranabbas854]

Hello. Please assist with these questions: At what date is the excess depreciation recorded? What are the journal entries to record depreciation at Dec 2020?

[@RamjanMia-g3r]

Sir i understand you lecture clearly but what will be the treatment if the depreciation is less than original one after revaluation. I am finding it difficult to understand.

[@godfredotchere7062]

Sir please, is the cost of purchase the same as Fair Value of an asset?

[@lukemaya8777]

Thank you very well explained.

[@Bash_979]

Thank you very much sir it was wonderful 👌🏻

[@akashdeepdhiman6775]

Understood in an easy manner..thank you sir 🙂

[@CommerceSpecialist]

🙏

[@Progaming-ro5xm]

Dear Sir, Please be requested to explain depreciation and Revaluation with some practical corporates examples. Thankz

[@NicoFreese]

great explanation and very comfortable to follow you :) !!

[@CommerceSpecialist]

Thx Nico

[@Akhigbekelly]

Well explained.

[@CommerceSpecialist]

Thx dear😊👍

[@jahangirsacademy6064]

Thank you sir, this video is very useful

[@CommerceSpecialist]

Thx

[@matirasabanda7184]

thanks for the video very informative

[@jamilaalbusaidi7453]

Thank you, sir, the video was really helpful

[@ameliawilson179]

Sir, you've explained it very well ❤️....
Could you do a few more videos on this topic?

[@CommerceSpecialist]

Thanks, sure just let me know ur exact requirements.

[@endlosleibe8972]

Thank you Sir 😍 I would like to request you to make CMA videos by chapter since there’s no much in English as clarity as your teachings 🙏

[@CommerceSpecialist]

Sure

[@ajeshnair4682]

Outstanding presentation ❤🎉

[@CommerceSpecialist]

🙏👍

[@mangalikapriyanggoogani4756]

why did excess deprecation transfer to retain earning (30,000)

[@fashel5371]

This is very well explained Thank you

[@CommerceSpecialist]

Thanks dear

[@karenlausberg9562]

Thanks for explaining this concept so well! I am so glad I came across your lecture videos! ❤

[@CommerceSpecialist]

You are welcome dear Karen

[@melissafernandes5308]

How will we account for impairment on revalued assets? Is it the same as downward revaluation?

[@CommerceSpecialist]

Impairment is an expense

[@jinayjogani5951]

thank you for your lecture, sir

[@CommerceSpecialist]

Thanks jinay

[@nthabelengtaioe]

Thank you very much. This was very helpful.
Can you please do a video on Earnings per share

[@ekeneonyendu6362]

Thank so much Sir.

[@CommerceSpecialist]

Ur welcome

[@akrambodla6970]

best teacher. jzakallah

[@CommerceSpecialist]

Thanks Mr. Akram

[@gayatrisuryavanshi8349]

Thank you

[@kolawoleoluwafemi3258]

Thanks much sir,I humbly request u make a video on impairment and recoverable amount of asset and solve related questions on it. Thanks much.

[@CommerceSpecialist]

Sure dear🙏😊👍

[@abeeharana9435]

sir i am CMA's student you explained this topic wonderfully💓💞 can you plz upward downward revaluation in subsequent revaluation
please as soon because next month i have an exam please

[@lindamodibedi9799]

Nice explanation 📌 please do a video on Taxes just the basics only and also do Leases🙏 please thank you for we easily explaining things I now understand 🙏

[@CommerceSpecialist]

@@lindamodibedi9799 Sure dear

[@jasghouse]

Nice explanation..
Thank you

[@googleization]

Excellent Sir.

[@shahidsaif1423]

Good one

[@CommerceSpecialist]

Thanks

[@vikasnarang83]

Where revaluation expenses will be recorded, if any, in p& L or.

[@CommerceSpecialist]

Charged to P/L

[@jyothikamal5943]

Well said, pls. include cost model of ppe

[@asifansarii600]

Excellent explanation

[@CommerceSpecialist]

Thanks a lot

[@tanvimishra6163]

Can you please upload all the IAS?

[@CommerceSpecialist]

Most of the IASs already uploaded, others coming soon

[@yonasfisseha1182]

Please prepare and share a video for DipIFRS.

[@CommerceSpecialist]

The course details??

[@yonasfisseha1182]

Dear Sir, thank you for your prompt response, -what I meant was the Diploma in IFRS, the syllabus which is currently being examined by ACCA every June and December. Thank you.

[@kspro7574]

Cost model ?

[@alialmahri2385]

Excellent

[@CommerceSpecialist]

Thx dear👍🙏

[@NadiaNadia-gz2fu]

amazing

[@CommerceSpecialist]

Thx

[@ankitacharya5307]

Watched twice thank you again. Make more video sir

[@CommerceSpecialist]

Sure dear

[@lasaniro7746]

Thank you sir ❤

[@farheenbano1495]

Very good lecture

[@amnanoor1986]

Thank you so much Sir❤

[@CommerceSpecialist]

Ur welcome Amna😊🙏👍

[@aliimran7620]

Plz upload IAS 36 in details as well. Thanks

[@chiawearroom3020]

Well understood.

[@heartlyjanebendong824]

thank you so much sir, I have understood everything

[@CommerceSpecialist]

You are always welcome dear. Regards

[@aliimran7620]

Is this all about IAS 16 or is there something else included in such standard? Thank you
Actually I am preparing for DipIFRs?

[@CommerceSpecialist]

I recommend you read the standard comprehensively dear

[@aliimran7620]

@@CommerceSpecialist yes,I am doing so

[@Ali-Haider-ca]

Also explain cost model please

[@CommerceSpecialist]

Sure

[@talifhanimulaudzi8673]

thank you so much

[@mdimroz8259]

Sir please upload video on US Cma scholarships program

[@CommerceSpecialist]

Some other videos are in queue now, but will make this one as well.

[@mdimroz8259]

@@CommerceSpecialist thx sir....... Actual currently I am student of b com 2 year,, and I want to do US Cma so when I start my preparation now or on 3 rd year.............

[@CommerceSpecialist]

@@mdimroz8259 You should start concentrating on the topics which are common in B.com n CMA, i suggest first you complete ur B.Com, then fully concentrate on CMA. ALL THE BEST

[@usaidsiddique6467]

Thanku sir

[@yoursmfatima]

May god bless you

[@CommerceSpecialist]

Thx dear

[@SujiKotari]

sir i need a help for FR i need the order of ur videos for learning plz kindly respond to this sir...

[@CommerceSpecialist]

Yes dear

[@SujiKotari]

@@CommerceSpecialist plz share the link sir i need every video related to FR sir plz...

[@ankitacharya5307]

Thank you sir

[@rohanfernandes920]

👌

[@akrambodla6970]

regulatory framework per video bna dain

[@CommerceSpecialist]

ACCA OR CMA??

[@aselapriyankara3176]

sir can do video on IFRS 16 leases. this vedio is so good. i am CA student

[@CommerceSpecialist]

Sure why not

[@ninsiimasarah3895]

please make avideo on borrowing costs

[@CommerceSpecialist]

Sure dear

[@ahmadalif2609]

Sir please upload videos on Ind AS 38, 36, 2 and 23

[@CommerceSpecialist]

Sure

[@sufaidkp5963]

🥰

[@farheenbano1495]

Sir please also upload IFRS

[@CommerceSpecialist]

Which IFRS??

[@farheenbano1495]

@@CommerceSpecialist all IFRS one by one

[@CommerceSpecialist]

@@farheenbano1495 sure, in the meantime watch my videos on IAS 16 & 7

[@farheenbano1495]

@@CommerceSpecialist i have watched both , both were great easy n understandable