IAS 40Chapter 11Lesson 1
Disclosures on investment property
Step 1 of 5Learning objectives
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The notes present the model, classification criteria, use of an independent valuer, income and expenses, then the reconciliation (fair value) or depreciation methods and fair value in the notes (cost).
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Learning objectives
- List the general disclosures common to both models.
- Describe the disclosures specific to the cost model.
- Prepare and check a reconciliation under the fair value model.
- Place the additional disclosures for right-of-use assets.