About this Course

To equip participants with a competent understanding of the accounting treatment for investment property and related disclosure requirements.

To ensure that participants are able to:

• Identify an investment property in accordance the definition in FRS 40
  
• Determine the cost at initial recognition
  
• Apply the cost model or fair value model for measurement after recognition
  
• Know the reporting and disclosure requirements for each model
  
• Apply the appropriate accounting treatment in the event of a disposal/transfer of investment property

Programme Outline 

• Scope and definitions
  
• Recognition criteria
  
• Measurement at initial recognition
  
• Subsequent measurement
  

              - Accounting policy

              - Fair value model

              - Cost model

              - Transfers and disposals

• Disclosures
  

Intended For

An Intermediate to Advanced level programme targeted at both Practicing and Non-Practicing Accounting and Audit Professionals. Those who wish to achieve deeper understanding in FRS 40 are encouraged to attend.

Training Methodology

Lecture style, with Exercises/Case Studies

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