Investment property under the cost model

Learning objectives

• Identify when the cost model requirements of IAS 16 apply to an investment property.L3

Normative references

• IAS 16 §5An entity using the cost model for investment property in accordance with IAS 40 uses the cost model in IAS 16 for owned investment property.

Original summaries of the paragraphs (reference register), never a quotation of the standard.

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