Contents
Chapter 1.....................................................................................................................................................2
1.1 Research Topic...................................................................................................................................2
1.2 Research Aim.....................................................................................................................................2
xxxx..........................................................................................................................................................2
.................................................................................................................................................................2
1.3 Problem Statement...........................................................................................................................2
1.4 Research questions and focus...........................................................................................................2
1.5 Research Method..............................................................................................................................2
1.6 Research Delimitations.....................................................................................................................2
1.7 Research Limitation...........................................................................................................................2
1.8 Conclusion.........................................................................................................................................2
xxxx..........................................................................................................................................................3
1.9 Research terms..................................................................................................................................3
Chapter 2 : Brief overview of IAS 40 standard.............................................................................................3
2.1 0bjective and scope of IAS 40............................................................................................................3
2.2 Asset classification.............................................................................................................................3
2.3 Recognition of IAS 40 par 16..............................................................................................................3
2.4 Investment property measurement...................................................................................................4
2.4.1 Initial measurement (paragraph 20)...........................................................................................4
2.4.2 Subsequent recognition..............................................................................................................4
2.5 Movement of investment properties to or from...............................................................................4
2.6 Derecognition of investment property..............................................................................................5
2.7 Impairment of Investment property..................................................................................................5
2.8 Disclosure of IAS 40...........................................................................................................................5
2.8.1 Fair value disclosure requirement...............................................................................................5
2.8.2 Cost model disclosure.................................................................................................................5
Chapter 3: Perceived Strength of IAS Standard Valuation models...............................................................5
3.1 Valuation models debate background...............................................................................................5
3.2 Valuation models – perceived strength.............................................................................................8
2.2 Evaluation of The Historical Cost Theory.....................................................................................10
, 2.3 The Matching Theory:..................................................................................................................13
2.4 The Asset Theory:........................................................................................................................14
Chapter 4 : Perceived Negative Critiques on IAS 40 valuation models......................................................19
Chapter 1
1.1 Research Topic
XXXXX
1.2 Research Aim
xxxx
1.3 Problem Statement
xxxxxx
1.4 Research questions and focus
xxxxx
1.5 Research Method
xxxxx
1.6 Research Delimitations
xxx
1.7 Research Limitation
xxxxx
1.8 Conclusion
,xxxx
1.9 Research terms
Define the following terms
Investment property
Cost
Carrying amount
Fair value
Owner occupied
Chapter 2 : Brief overview of IAS 40 standard
2.1 0bjective and scope of IAS 40
What does the standard covers and what it doesn’t cover
Ias 40 does not apply to what ??
2.2 Asset classification
Discuss the difference between investment property and owner occupied according to ias 40
par 7
List assets outside the scope of ias 40 per page 161 and 162
Summarise common assumptions on page 162
Partial own use
Ancillary services
2.3 Recognition of IAS 40 par 16
When is investment property recognised ?
Paragraph 16 –
Paragraph 17
, 2.4 Investment property measurement
2.4.1 Initial measurement (paragraph 20)
Elements of cost par 21
Directly attributable cost examples
Costs excluded
2.4.2 Subsequent recognition
Accounting policy
Fair value model
Breif overview of what fair value model is
Determination of fair value
How do you determine fair value
Inability to determine fair value
What will happen if we fail to determine fair value reliably
Cost model
Brief overview of historic cos model
2.5 Movement of investment properties to or from
Discuss par 57 and par 58
Chapter 1.....................................................................................................................................................2
1.1 Research Topic...................................................................................................................................2
1.2 Research Aim.....................................................................................................................................2
xxxx..........................................................................................................................................................2
.................................................................................................................................................................2
1.3 Problem Statement...........................................................................................................................2
1.4 Research questions and focus...........................................................................................................2
1.5 Research Method..............................................................................................................................2
1.6 Research Delimitations.....................................................................................................................2
1.7 Research Limitation...........................................................................................................................2
1.8 Conclusion.........................................................................................................................................2
xxxx..........................................................................................................................................................3
1.9 Research terms..................................................................................................................................3
Chapter 2 : Brief overview of IAS 40 standard.............................................................................................3
2.1 0bjective and scope of IAS 40............................................................................................................3
2.2 Asset classification.............................................................................................................................3
2.3 Recognition of IAS 40 par 16..............................................................................................................3
2.4 Investment property measurement...................................................................................................4
2.4.1 Initial measurement (paragraph 20)...........................................................................................4
2.4.2 Subsequent recognition..............................................................................................................4
2.5 Movement of investment properties to or from...............................................................................4
2.6 Derecognition of investment property..............................................................................................5
2.7 Impairment of Investment property..................................................................................................5
2.8 Disclosure of IAS 40...........................................................................................................................5
2.8.1 Fair value disclosure requirement...............................................................................................5
2.8.2 Cost model disclosure.................................................................................................................5
Chapter 3: Perceived Strength of IAS Standard Valuation models...............................................................5
3.1 Valuation models debate background...............................................................................................5
3.2 Valuation models – perceived strength.............................................................................................8
2.2 Evaluation of The Historical Cost Theory.....................................................................................10
, 2.3 The Matching Theory:..................................................................................................................13
2.4 The Asset Theory:........................................................................................................................14
Chapter 4 : Perceived Negative Critiques on IAS 40 valuation models......................................................19
Chapter 1
1.1 Research Topic
XXXXX
1.2 Research Aim
xxxx
1.3 Problem Statement
xxxxxx
1.4 Research questions and focus
xxxxx
1.5 Research Method
xxxxx
1.6 Research Delimitations
xxx
1.7 Research Limitation
xxxxx
1.8 Conclusion
,xxxx
1.9 Research terms
Define the following terms
Investment property
Cost
Carrying amount
Fair value
Owner occupied
Chapter 2 : Brief overview of IAS 40 standard
2.1 0bjective and scope of IAS 40
What does the standard covers and what it doesn’t cover
Ias 40 does not apply to what ??
2.2 Asset classification
Discuss the difference between investment property and owner occupied according to ias 40
par 7
List assets outside the scope of ias 40 per page 161 and 162
Summarise common assumptions on page 162
Partial own use
Ancillary services
2.3 Recognition of IAS 40 par 16
When is investment property recognised ?
Paragraph 16 –
Paragraph 17
, 2.4 Investment property measurement
2.4.1 Initial measurement (paragraph 20)
Elements of cost par 21
Directly attributable cost examples
Costs excluded
2.4.2 Subsequent recognition
Accounting policy
Fair value model
Breif overview of what fair value model is
Determination of fair value
How do you determine fair value
Inability to determine fair value
What will happen if we fail to determine fair value reliably
Cost model
Brief overview of historic cos model
2.5 Movement of investment properties to or from
Discuss par 57 and par 58
