• 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
  • CIMA Forums
  • Ask CIMA Tutor
  • FIA
  • OBU
  • Buy/Sell Books
  • All Forums
  • Latest Topics

June 2025 ACCA Exam Results

Comments & Instant poll >>

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for June 2025 exams.
Get your discount code >>

Transfer asset from investment property to PPE

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Transfer asset from investment property to PPE

  • This topic has 0 replies, 1 voice, and was last updated 1 year ago by dangkhoa.nhhtd.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • May 19, 2024 at 5:51 pm #705685
    dangkhoa.nhhtd
    Participant
    • Topics: 49
    • Replies: 33
    • ☆☆

    Hello tutor,

    I have a question relating to the transfer of an asset from investment property to PPE, and fair value model for investment property is in place. From textbook, it’s said that the asset should be revalued per IAS 40: taking gain or loss to SPL and transfer to PPE at fair value. So in this case, the asset is booked according to fair value model and depreciated subsequently according to this model. But if there is a class of such asset which is already kept as PPE with cost model, is there a conflict between that class and the above mentioned asset? (As I know, assets within the same class should be kept with the same model)

    Thank you tutor!

  • Author
    Posts
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.
Log In

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

  • mabdullah31 on Conceptual Framework – ACCA SBR lecture
  • MikeLittle on Illegalities – ACCA Corporate and Business Law (LW) (ENG)
  • roksy on Illegalities – ACCA Corporate and Business Law (LW) (ENG)
  • Fola94 on Presentation of financial statements – introduction – ACCA Financial Reporting (FR)
  • John Moffat on Financial management objectives – ACCA Financial Management (FM)

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