IAS 40 gives a choice of accounting policy in relation to investment properties. Is a choice acceptable?

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IAS 40 gives a choice of accounting policy in relation to investment properties. Is a choice acceptable? If not, how should IAS 40 be altered?

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International Financial Reporting and Analysis

ISBN: 978-1408075012

5th edition

Authors: David Alexander, Anne Britton, Ann Jorissen

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Question Posted: Apr 12, 2016 06:55 AM

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IAS 40 gives a choice of accounting policy in relation to investment properties. Is a choice acceptable?

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A choice is not desirable and from our views on question 8 that the fair value treatment is the one that should be consistently required Other views are very possible i For many years there has been a ...View the full answer

International Financial Reporting and Analysis

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