This video explains the concepts of subsequent measurements, transfers and derecognition of Investment Property. It solves a question to enhance understanding.
What a wonderful and so well explained topic (IAS-40)!! I watched both Part 1&2 and am also waiting for Part 3. You are God sent Mr Gyebi, everything of the best for FOG.
Love this channel..Sir please i have a question .Please i didnt get the part on revaluation loss for the first time,i thought it could just be expensed under the period of review, but i heard you say it should be under the income surplus acc under retained earnings and later when there is a gain,it can be offset... Its not clear to me .Can you please throw more light on that?
Thank you for the lecture. I have a question. What is the difference in terms of accounting treatment between Investment property under construction and Investment property
I heard him say,IP under construction should be disclosed in the financial statements until it is reclassified or construction is complete and it can now be under IP
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