Transfer from PPE to Investment property

KFKip Fatt10y ago

If the ppe is transferred to investment property, the revaluation gain will be charge to oci right? How about if there is impairment loss when the transfer is made?

MikeLittleTutor10y ago#1

Transfer any impairment loss at the date of reclassification to expenses through Profit or Loss

KFKip Fatt10y ago#2

Thank you

MikeLittleTutor10y ago#3

You're welcome

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