In January 2016, IFRS 16 Leases made various amendments to IAS 40, including expanding its scope to include both owned investment property and investment property held by a lessee as a right-of-use asset.

IAS 40 provides guidance on the recognition, measurement, and disclosure of investment property.

IAS 40 governs investment property, defining it as land, a building, or part of a building (or a combination of these) held to earn rental income, capital appreciation, or both. This contrasts with property used for producing or supplying goods and services, administrative purposes, or those intended for sale in the ordinary course of business.

IAS 40 Investment Property The objective of this Standard is to prescribe the accounting treatment for investment property and related disclosure requirements. Investment property is property (land or a building—or part of a building—or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital

International Accounting Standard 40 Investment Property (IAS 40) is set out in paragraphs 1⁠–⁠86. All the paragraphs have equal authority but retain the IASC format of the Standard when it was adopted by the IASB.

IAS 40 Investment Property Accounting summary 2017 - 05 1 Objective This Standard shall be applied in the recognition, measurement and disclosure of investment property. Scope This Standard does not deal with matters covered in IAS 17 Leases, including: (a) classification of leases as finance leases or operating leases;

IAS 40 requires all entities to measure the fair value of investment property, for the purpose of either measurement (if the entity uses the fair value model) or disclosure (if it uses the cost model).

Interrelationship between IFRS 3 and IAS 40 Judgement is required to determine whether the acquisition of investment property is the acquisition of an asset, a group of assets or a business combination in the scope of IFRS 3 Business Combinations .

amended the scope of IAS 40 by defining investment property to include both owned investment property and investment property held by a lessee as a right-of-use asset. A summary of the IASB’s considerations in developing the amendments to the scope of IAS 40 are set out in paragraphs BC178–BC181 of IFRS 16.

IAS 40 Investment Property prescribes the accounting treatment for investment property and related disclosure requirements. This page provides information on the standard and recent amendments, alongside ICAEW factsheets and guides.

In January 2016, IFRS 16 Leases made various amendments to IAS 40, including expanding its scope to include both owned investment property and investment property held by a lessee as a right-of-use asset.

IAS 40 © IFRS Foundation 1 International Accounting Standard 40 Investment Property Objective 1 The objective of this Standard is to prescribe the accounting treatment for investment property and related disclosure requirements. Scope 2 This Standard shall be applied in the recognition, measurement and disclosure of investment

Jan 23, 2014 · Investment Property is covered under IAS 40, as per IAS 40 Investment property is: Land or Building, or Part of Land & Building (Owned or held under finance lease)

Jan 1, 2005 · IAS 40 defines investment property as property (land, building, part of a building or both) held to earn rentals or for capital appreciation or both, regardless the way of holding it (by the owner or under the finance lease as the lessee).

Learn the key accounting principles to be applied to a property held to earn rentals or for capital appreciation. © 2025 For information, contact Deloitte Global. Deloitte refers to one or more of …

IAS 40 permits entities to choose between a fair value model and a cost model. An entity should apply the model chosen to all its investment property.

Jan 23, 2009 · Investment property is property (land or a building—or part of a building—or both) held (by the owner or by the lessee under a finance lease) to earn rentals or for capital appreciation or both, rather than for: (a) use in the production or supply of goods or services or for administrative purposes; or. (b) sale in the ordinary course of business.

Let’s break down the super-important International Accounting Standard 40 (IAS 40) – your go-to for handling investment property accounting. Here, we’ll delve into the nitty-gritty of transferring investment properties and getting the classification right.

Individual Board members gave greater weight to some factors than to others. In July 2001 the Board announced that, as part of its initial agenda of technical projects, it would undertake a project to improve a number of Standards, including IAS 40.

• If an owner-occupied property becomes an investment property that will be carried at fair value, an entity shall apply IAS 16 for owned property and IFRS 16 for property held by a lessee as a right-of-use asset up to the date of change in use.