• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

BPP Black Friday sale!

40% discount on all BPP books specially for OpenTuition students!
Get it here >>

Investment property vs capital work in progress

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Investment property vs capital work in progress

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • November 8, 2017 at 4:04 pm #414880
    nari
    Member
    • Topics: 259
    • Replies: 175
    • ☆☆☆

    Hello Mike

    I am aware that investment property is property held for rental or capital appreciation.

    If for example, a company purchases land and then after a year it starts to develop that same land to sell, should the land be classed as investment property for the first year only and then work in progress for the following years?

    November 8, 2017 at 7:05 pm #414904
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23350
    • ☆☆☆☆☆

    As at the date of change the value of the land should be moved out of investment property and into work-in-progress, yes

    Your post suggestions were correct

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘Investment property vs capital work in progress’ is closed to new replies.

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • tkhue3296 on CIMA B3 Introduction to Accounting
  • John Moffat on Risk and Uncertainty – Expected Values – CIMA P2
  • John Moffat on Discounted Cash Flow – Annuities and Perpetuities – ACCA Financial Management (FM)
  • Sarah461422 on Risk and Uncertainty – Expected Values – CIMA P2
  • Memon on The Management Accountant’s Profit Statement – Absorption Costing – ACCA (MA)

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in