Initial cost and capitalisation of an investment property
Acquisition of a building: initial cost, excluded costs and deferred payment
≈ 45 minWorkpapers
Can you document your analysis and your accounting treatment like a professional? Each mission starts from a real file and ends with a review.
How a mission works
Numbered sections, like a professional working paper: objective, data, pieces, analysis, calculations, entries, conclusion; then a reviewer reviews.
- 1Objective
- 2Data
- 3Documents
- 4Analysis
- 5Calculation
- 6Entries
- 7Judgment
- 8Conclusion
- 9References
L2Intermediate(1)
Intermediate
L3Advanced(11)
Advanced Classification and mixed-use file
Building A — mixed use
Mixed-use building and services to occupants: classification judgement · Situation 1 of 2
≈ 50 minAdvanced Classification and mixed-use file
Building B — services to occupants
Mixed-use building and services to occupants: classification judgement · Situation 2 of 2
≈ 50 minAdvanced Fair value tracking file and reconciliation
Property P1
Fair value portfolio: change in profit or loss and annual reconciliation · Situation 1 of 4
≈ 60 minAdvanced Fair value tracking file and reconciliation
Property P2
Fair value portfolio: change in profit or loss and annual reconciliation · Situation 2 of 4
≈ 60 minAdvanced Fair value tracking file and reconciliation
Property P3 acquired in 20X5
Fair value portfolio: change in profit or loss and annual reconciliation · Situation 3 of 4
≈ 60 minAdvanced Fair value tracking file and reconciliation
Portfolio reconciliation
Fair value portfolio: change in profit or loss and annual reconciliation · Situation 4 of 4
≈ 60 minAdvanced Change in use transfer file
Situation 1 — occupied building
Change in use: transfers from an owner-occupied property and from inventory · Situation 1 of 5
≈ 55 minAdvanced Change in use transfer file
Situation 2 — warehouse
Change in use: transfers from an owner-occupied property and from inventory · Situation 2 of 5
≈ 55 minAdvanced Change in use transfer file
Situation 3 — property held in inventory
Change in use: transfers from an owner-occupied property and from inventory · Situation 3 of 5
≈ 55 minAdvanced Change in use transfer file
Situation 4 — property occupied by the entity
Change in use: transfers from an owner-occupied property and from inventory · Situation 4 of 5
≈ 55 minAdvanced Change in use transfer file
Situation 5 — land
Change in use: transfers from an owner-occupied property and from inventory · Situation 5 of 5
≈ 55 min
L4Expert(11)
Expert Depreciation file of a property at cost
Building A
Cost model and disposal: depreciation, carrying amount and gain or loss on disposal · Situation 1 of 2
≈ 50 minExpert Depreciation file of a property at cost
Old lift of building B
Cost model and disposal: depreciation, carrying amount and gain or loss on disposal · Situation 2 of 2
≈ 50 minExpert Classification and mixed-use file
Property M1 — mixed use
File of an investment property portfolio: classification, measurement, transfers and disclosures · Situation 1 of 2
≈ 50 minExpert Classification and mixed-use file
Property M2 — services
File of an investment property portfolio: classification, measurement, transfers and disclosures · Situation 2 of 2
≈ 50 minExpert Initial cost and capitalisation of an investment property
File of an investment property portfolio: classification, measurement, transfers and disclosures
≈ 45 minExpert Fair value tracking file and reconciliation
Property P
File of an investment property portfolio: classification, measurement, transfers and disclosures · Situation 1 of 3
≈ 60 minExpert Fair value tracking file and reconciliation
Property Q
File of an investment property portfolio: classification, measurement, transfers and disclosures · Situation 2 of 3
≈ 60 minExpert Fair value tracking file and reconciliation
Portfolio reconciliation
File of an investment property portfolio: classification, measurement, transfers and disclosures · Situation 3 of 3
≈ 60 minExpert Depreciation file of a property at cost
File of an investment property portfolio: classification, measurement, transfers and disclosures
≈ 50 minExpert Change in use transfer file
Property T
File of an investment property portfolio: classification, measurement, transfers and disclosures · Situation 1 of 2
≈ 55 minExpert Change in use transfer file
Land U
File of an investment property portfolio: classification, measurement, transfers and disclosures · Situation 2 of 2
≈ 55 min