재평가모형을 적용하는 자산의 회계처리 교육에 대한 논의 : 대학 교재 및 공인회계사와 세무사 시험문제를 중심으로

This study identifies two issues that have disagreements among textbooks in the accounting treatment of assets subject to the revaluation model, and understands how often these disagreements appear in the CPA(certified public accountants) and CTA(certified tax accountants) examinations. I present logical and consistent accounting treatments on the disagreements using various examples. This study was motivated by the recognition that it is not desirable to frequently appear in the exams where there is a disagreement in accounting because the CPA and CTA exams have a material effect on accounting education in universities. In the case of applying the revaluation model, one of the two issues that differ among textbooks is whether the recognition of revaluation increase or a reversal of an impairment loss should be done first when the fair value and recoverable amount are greater than the carrying amount of the assets before revaluation. The other is, when accounting for revaluation surplus may be transferred directly to retained earnings equal to the difference between depreciation based on the revaluation amount and depreciation based on the asset’s original cost, which of the revaluation accounting treatment and adjustment of the difference between depreciation should be accounted for first. Regardless of whether two issues are treated as important in practice, the impact on the financial statements may vary depending on the order of accounting treatment, and thus disputes of multiple correct answers may occur. Therefore it is advisable to refrain from putting questions on the CPA and CTA exams. In addition to the issues of disagreement discussed in this paper, there are not a few areas where disagreements exist between textbooks in applying IFRS. Therefore, by establishing a committee in the accounting association to improve accounting education, it is necessary to continue to make efforts to resolve differences in accounting treatment through discussions on the areas that have disagreements in accounting. It is expected that the social role of the society can be enhanced by sharing not only the authors of the textbooks, but also the Korea Accounting Standards Board and the Financial Supervisory Service. In addition, it is necessary that the authors of textbooks clearly state whether their explanations on the textbooks are based on IFRS or personal opinion, which can reduce the potential for misunderstandings of students studying accounting as well as lecturers including professors.