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IAS 36 and investment property

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › IAS 36 and investment property

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.
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  • April 15, 2021 at 11:32 am #617729
    Noah098
    • Topics: 936
    • Replies: 352
    • ☆☆☆☆☆

    sir i understand that IAS 36impairment of assets does not apply to investment property held under revaluation model, but what bout investment properties held under cost model, does IAS 36 apply in that case?

    April 15, 2021 at 1:50 pm #617742
    Stephen Widberg
    Moderator
    • Topics: 10
    • Replies: 2524
    • ☆☆☆☆☆

    Yes – it does

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