IAS 40Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 40This topic has 1 reply, 2 voices, and was last updated 8 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts March 3, 2016 at 12:08 pm #303237 teeboyzMemberTopics: 19Replies: 52☆☆Hello Mike/D2When the organisation is renting out the building to other people ( finance lease or operating lease) , the rental is not just cover the maintaining cost but making profit from rental …Is this considered under scope of IAS 40 ?Thanks March 4, 2016 at 9:39 am #303395 P2-D2KeymasterTopics: 4Replies: 7065☆☆☆☆☆Hi,Any rental income from a property is accounted for under IAS 17.ThanksAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In