Frs 140 investment property
Frs 140 (ias 40) accounting for investment property allows companies to report their investment either based on cost model or fair value. Under international financial reporting standards, investment property is property that an entity holds to earn rental income and/or capital.
Question 2 the accounting treatment of investment properties is prescribed by ias 40/ mfrs 140 durian berhad owns an office building which it uses for.
Mfrs 140 definition investment property is defined as: 'land or building or part of a building or land and building) held (by the owner or under finance lease) to. An investment property is measured initially at cost the cost of an investment property interest held under a lease is measured in accordance with ias 17 at the .
Ias 40 applies to the accounting for property (land and/or buildings) held to earn rentals or for capital appreciation (or both) investment properties are initially. Mfrs 140 requires all entities to determine the fair value of investment investment property is property (land or a building – or part of a.
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