IAS 40Chapter 3Lesson 1
Classifying a mixed property: separable parts, ancillary services, judgement
Step 1 of 8Learning objectives
Go deeper+1 deeper insight · +1 point of attention
A dual-use property is classified according to the separability of its parts and the weight of the services to occupants; insignificance is a matter of judgement.
35 minNot started
Learning objectives
- Apply the separable-parts rule to a dual-use property.
- Assess the effect of ancillary services on classification.
- Explain why insignificance is a judgement and not a threshold.
- Recognise the disclosed criteria and the intragroup case.