The latest on Investment Property Accounting under FRS 102


The latest on Investment Property Accounting under FRS 102

Challenge your knowledge on Investment Property Accounting under FRS 102.

Some of the rules around the accounting for investment properties under FRS 102 have changed for accounting periods commencing 1 January 2019.

Test your knowledge of these changes with this quick quiz.

  1. The changes to the investment property rules including those about ‘undue cost or effort’ introduced in the Triennial Review come into effect no earlier than 1 January 2019. True or False?
  2. If an investment property company early adopts the investment property valuation changes allowed under the March 2018 version of FRS 102 in its financial statements for the year ended 31 December 2018, what would its transition date be?

 

For the answers – see our webinar here Investment Property Accounting. Once viewing is completed customers will receive a CPD Certificate confirming their learning.

For webinars on the developments in Investment Property Accounting, FRS 105, Common Errors in FRS 102 Accounting and the latest on FRS 105 and company law, visit our new online webinar training website.