This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Comment letter deadline for ED on Transfers of Investment Property (Proposed amendment to IAS 40)

When Mar 18, 2016
from to
Add event to calendar vCal

On November 19, 2015, the IASB published an ED of proposed amendments to IAS 40, Investment Property. The amendments address transfers of investment property.

The amendments proposed in ED/2015/9, Transfers of Investment Property (Proposed amendment to IAS 40) are: (i) Paragraph 57 will be amended to state that an entity shall transfer a property to, or from, investment property when, and only when, there is evidence of a change in use. The change of use shall consist of the property meeting, or ceasing to meet, the definition of investment property. And (ii) the list of examples of evidence in paragraph 57(a) – (d) will be presented as a non-exhaustive list instead of an exhaustive list.  The ED does not contain a proposed effective date.

However, the ED proposes that the amendments would be applied retrospectively and that early application would be permitted. Comments are requested by March 18, 2016.

On December 15, 2015, the AcSB issued an Exposure Draft that corresponds to the IASB’s Exposure Draft on this topic. Stakeholders are also encouraged to submit their comments by March 18, 2016.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.