IAS 40Chapter 5Lesson 1
Initial measurement: the entry cost of an investment property
Step 1 of 7Learning objectives
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On entry the property is measured at cost: price and directly attributable expenditure, excluding start-up costs, initial losses and wastage; special cases: deferred payment, exchange, right-of-use asset.
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Learning objectives
- Calculate the entry cost of an acquired investment property.
- Distinguish capitalised costs from excluded costs.
- Account for the entry of the property and the excluded costs.
- Deal with deferred payment, exchange and right-of-use assets.