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CPE Self-Study

IFRS: Investment Property (IAS 40)

Publisher: AICPA
  • $50.00-$70.00
    IFRS: Investment Property (IAS 40) Online Access Product #: 159722
    AICPA Member: $50.00
    Non-Member: $70.00

AICPA's IFRS Certificate Program

This course is part of the IFRS Certificate Program – a comprehensive, integrated curriculum that will give you the basic training, knowledge, and practical guidance in international accounting standards that are necessary in today's global business environment. Credit for individual courses purchased can be applied to the full program. Click here for information on the complete program.

The purpose of this course is to familiarize you with the initial classification, recognition and measurement of investment property under IAS 40, Investment Property. This course also covers measurement, disclosure, and other issues subsequent to initial recognition.

Learning Objectives

Upon completion of this course, you will be able to:

  • Determine whether an asset meets the definition of investment property and falls within the scope of IAS 40
  • Identify the acceptable alternative accounting models for measuring an investment property subsequent to initial recognition at cost
  • Understand the financial reporting implications of choosing each accounting model on the financial statements
  • Understand how to account for investment property that an entity reclassifies to inventory or property, plant and equipment

Prerequisite: None

Advance Preparation: None

System Requirements

About the Publisher

AICPA

About the AICPA The American Institute of CPAs is the world’s largest member association representing the accounting profession, with more than 412,000 members in 144 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants, it has established the Chartered Global Management Accountant designation, which sets a new standard for global recognition of management accounting.