Investment property IAS 40 — OpenTuition Forums

AAhmad3y ago

Hi, I know that if a property has been acquired for capital appreciation then it is accounted for under IAS 40. BUT, I want to know that can a property be used by the owner during that time period for which it is held for capital appreciation to be accounted for under IAS 40?

stephenwidbergTutor3y ago#1

If the owner is using it, it will be PPE. In the exam use IP and PPE rather than quoting standard numbers. :)

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