Question: Introduction to Financial Reporting-FR Identification code Page 8 (9) 29) IAS 40 deals with the accounting treatment and disclosures related to investment property. (10 p.)

Introduction to Financial Reporting-FR Identification code Page 8 (9) 29) IAS

Introduction to Financial Reporting-FR Identification code Page 8 (9) 29) IAS 40 deals with the accounting treatment and disclosures related to investment property. (10 p.) a. At what value should an investment property be measured on initial recognition? b. At what value should an investment property be measured at the end of each subsequent reporting period? c. How should losses arising from use of the revaluation model be treated? d. How should losses arising from use of the fair value model be treated? e. How often do we have to measure the fair value of investment property

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