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Change in use of property: from Office to Investment

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Change in use of property: from Office to Investment

  • This topic has 0 replies, 1 voice, and was last updated 8 years ago by brianthomas.
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  • July 27, 2017 at 10:48 am #398992
    brianthomas
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    • Topics: 4
    • Replies: 5
    • ☆

    Hello! Can someone please spell this out for me?

    1. If a property changes from ‘office building’ to ‘investment property’ part-way through the year, what has to be done to account for the change correctly?

    2. If a building is part office, part rented-out, how is that treated vis a vis depreciation and valuation?

    Thank you for your help,

    Brian

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