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Ias 40 investment property

This topic has 1 reply, 2 voices, and was last updated 11 years ago by MikeLittle.

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June 4, 2013 at 5:00 pm #129075
hasanali95
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Any revaluation of investment property goes where? And are assets held for sale revaluable?if yes where does its revaluation go?
June 4, 2013 at 5:58 pm #129119
MikeLittle
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I believe that they both go through Comprehensive Income – but assets held for sale are fair valued at the date of the classification as ahfs and will probably be disposed of within the near future – so revaluation should not be an issue
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