Investment property under construction
28 Oct 2009
Deloitte China has published Accounting for Investment Properties Under Construction – A Practical Guide.
This 16-page guide explains the May 2008 amendment to IAS 40 that brings property under construction or development for future use as an investment property within the scope of IAS 40. The amendment is effective 1 January 2009. While the guide is written in terms of Hong Kong Accounting Standard 40 (HKAS 40), that standard is identical to IAS 40 Investment Property.
Click to view Accounting for Investment Properties Under Construction – A Practical Guide (PDF 219k).