Learn the international accounting requirements that apply to investment property
Gain a foundational understanding of IAS 40’s specific requirements when accounting for investment property.
You will learn what is considered investment property and how investment property is measured in the statement of financial position. Other important concepts covered include:
- relevant disclosures and
- issues subsequent to initial recognition.
Compete in an increasingly global business environment
Many of the world's largest capital markets require or permit the use of International Financial Reporting Standards®.
Whatever your location, you could easily find yourself with a client subject to IFRS requirements.
Understanding IFRS requirements will help you better assist clients subject to these standards and enable you to effectively compete in the modern business world.
Realistic scenarios to develop your skills
The interactive learning elements and real-life examples in this course will help you implement key concepts in practice.
Real-world case studies will enhance your comprehension of initial classification, recognition, and measurement of investment property under IAS 40.
Who Will Benefit
- Accounting and finance professionals who work for
private or public multinational organizations that have adopted IFRS
Standards.
- Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS Standards.
Key Topics
- Investment property measurement and initial
recognition
- Relevant disclosures
- Issues subsequent to initial recognition
Learning Outcomes
- Recognize when an asset meets the definition of
investment property and falls within the scope of IAS 40.
- Identify the measurement options for investment
property.
- Identify the financial reporting implications of
choosing each accounting model on the financial statements.
- Recall how to account for transfers into and out of the investment property classification.