悬赏求问：CFA L1 2012 SAMPLE2 第30题！

investment, 2012, valuation, 2011, statements

A company which prepares its financial statements according to IFRS, owns investment property which it earns rental income. It values the properties using fair value model based on prevailing rental markets. A summary of the property's valuation:

begining 2009 (Acquired) 50 million
2009 50.5 million
2010 54.5 million
2011 48 million

the impact of the revaluation on 2011 financial statement?

小弟纠结于答案为什么选择 A. 6.5 million charge to net income
而不是 C. 4.5million charge to revaluation surplus and 2.0 million charge to net income?
印象中即使在IFRS中也不能upward revaluation above historical cost, 难道不是么？求好心人帮助解答疑惑谢谢..

另,觉得2012 的sample和mock都好难。。错巨多求安慰。。。

最佳答案

. IRR on investment exit (alternative asset valuation)

. Reading 74: Alternative Investments-LOS g 习题精选

. Reading 65: Introduction to the Valuation of Debt Securities-

. Reading 60: Equity Valuation: Concepts and Basic Tools-LOS k

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发表于 2012-6-6 09:50 | 只看该作者

完全可以. 考的Revaluation 具体Notes PP216，而不是Impairment (Notes PP217) (我也是硬记的，不知道两者的实际区别)
因为这是Investment property (具体在2012Notes PP221) (IFRS分Investment与NonInvestment, IFRS有History cost or Revaluation 可以选择，很显然题目的公司选择了Revaluation 模型, 。 GAAP不区分,只有History cost可以选择，因此不存在加减的问题),
IFRS: Investment property，所以是直减直加不设限, 不像一般的Property还要搞个Surplus专门计算超出的部分，减少也先减Surplus.

这样的回答答题肯定够拎得清了吧！

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