1. avatar says

    Briefly explain to me how the treatment of of investment property carried under the fair value model differs from an owner occupied property carried under revaluation model

  2. avatar says

    haaai sir, it will be my second attempt this time and the only problem i am having is in standard questions which kinda makes hardship for me while solving them.

    so any effective way to have a grip on standard and its questions please.

    awaiting for your kind suggestion,


  3. avatar says

    sir,….in your notes for june 2014 exam of this chapter on page 141,…for the ..start of operating lease is (investment property – inventory) but in the video here is (inventory-investment property)…?? ..why is it different?


      • avatar says

        assets should be transferred into or out of investment property when there is a change in use, for example:
        • owner occupation (investment property -TNCA)
        • development with a view to sell (investment property- inventory)
        • end of owner occupation (TNCA- investment property)
        • start of operating lease (investment property- inventory)
        • end of construction or development (assets in the course of construction investment property)

        on page 141 of June 2014 exam notes…… :)

      • Avatar of MikeLittle says

        Hmmm – if it WAS in investment property and has now been leased out under an operating lease then, yes, it should come out of investment property and be shown as a separate asset. The correct adjustment is to take it out of investment property and add it into inventory – so it looks like the lecture is correct


  4. avatar says

    suppose ppe is being converted to investment property. the cost of the ppe was 12,000 but the carrying value is now 8,000. the fair value of the asset is now 13,000. can u pls help me with the double entry.

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