IFRS 5Chapter 8Lesson 1
At the boundaries: IAS 16, IAS 38, IAS 36, IAS 40, IFRS 13, IAS 12 and IFRS 9
Step 1 of 7Learning objectives
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IFRS 5 fits with the standards on depreciation (IAS 16, IAS 38), impairment (IAS 36), fair value measurement (IFRS 13) and with the standards whose assets stay outside its measurement (IAS 40, IAS 12, IFRS 9).
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Learning objectives
- Place the moment when IFRS 5 takes over from IAS 16, IAS 38 and IAS 36.
- Distinguish investment property at cost and at fair value.
- Identify the boundaries with IFRS 13, IAS 12 and IFRS 9.