Purpose of the standard

Learning objectives

• Explain the objective of the Standard: the accounting treatment of investment property and the related disclosures.L1, L2

Normative references

• IAS 40 §1Objective: the Standard sets the accounting treatment for investment property and the related disclosures.

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

1 question

• IAS 40 is intended, among other things, to prescribe the accounting treatment of property occupied by its owner.L1