IAS 16, Property, Plant, and Equipment, and IAS 40, Investment Property, both include provisions permitting certain non-current assets to be subsequently measured at fair value. Use the chart that follows to summarize the primary differences in these two standards as they pertain to fair value measurement.

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IAS 16, Property, Plant, and Equipment IAS 40, Investment Property Accounting issue Measurement on balance sheet Frequency of measurement Unrealized gains and losses Depreciation