Capital work in progress classified under IAS 40Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Capital work in progress classified under IAS 40This topic has 1 reply, 2 voices, and was last updated 3 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts April 3, 2021 at 4:45 pm #615850 srklodhi96MemberTopics: 12Replies: 0☆Hello,Normally, we know the association CWIP has with the IAS 16 operating fixed assets.I want to ask the treatment for CWIP when it is classified under Investment property. What does IAS say about this and the accounting treatment? April 5, 2021 at 1:22 pm #615992 Stephen WidbergKeymasterTopics: 15Replies: 3372☆☆☆☆☆CWIP is not a term in the syllabus – it sounds like internal jargon for a company.If you are asking me where you book an IP while it is being constructed – you book it in IP.https://www.iasplus.com/en/standards/ias/ias40AuthorPostsViewing 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