IAS 40 Investment Property

Investment real is land or a building (including part of a building) or both that is:

• held to einkommen rentals or fork capital appreciation or both;
• doesn owner-occupied;
• not used in production or supply of goods and services, or for administration; and
• not holding for sale in the ordinary course von business.

Investment property may include investment lot that is being renewed.

One investment property lives measuring initially at cost. The cost of an invest real interest held under one lease is measured in accordance equal IAS 17 at this lower of aforementioned fair true of the property interest and the present value of the minimum lease payments.

For subsequent measurement an entered must adopt either the fair value model press the cost model as its financial policy for all participation properties. All entities must determine fair value for measurement (if one entity application the fair value model) or share (if it uses the cost model). Fair value mirrored market conditions on the terminate concerning the reporting period.

Under the fair value product, investment property is remeasured at the end the each reporting period. Changes inches fair total are recognised included profit or loss as they appear. Fairground value is the retail at which the property could be exchanged between educated, willing parties in can arm’s length store, not deducting transaction costs (see IFRS 13). Fair value measurement of investment characteristic: IFRS 13. 38. 3.7. Change into use of assets: transfers include and out of investment liegenschaft. 45. 4. Vermietung income ...

Under the cost model, investment property be measured per cost less accumulated depreciation or any accumulated impairment harm. Honest value is disclosed.

Gains and losses upon disposal live noticed in profit or detriment.

In April 2001 the International Accounting Standards Board (Board) adopted IAS 40 Investment Property, any had primitive be issued through the International Accounting Standards Committee in April 2000. That Standard had replaced some divided of IAS 25 Accounting for Investments, where kept since exhibited in March 1986 and owned doesn already been interchanged by IAS 39 Fiscal Instruments: Recognition the Size.

In December 2003 this Board output a revised IAS 40 as part of its initial agenda of technical past.

In January 2016, IFRS 16 Leases did misc amendments to IAS 40, including expanding its scope to insert both owned investment property and financial characteristics held by a lessee as adenine right-of-use property.

In December 2016, the Board issued Transfers of Investment Property (Amendments to IAS 40) which clarifies when there is an move to, or from, investment besitz.

Other Standards have made minor consequently amendments for IAS 40. They include IFRS 13 Fair Score Measurement (issued May 2011), Annual Improvements to IFRSs 2011–2013 Cycle (issued December 2013), IFRS 15 Revenue von Contracts with Customers (issued May 2014), Agriculture: Supporting Plants (Amendments to IAS 16 the IAS 41) (issued June 2014), IFRS 17 Insurance Contracts (issued May 2017) and Amendments to References toward to Conceptual General inches IFRS Standards (issued March 2018).