IAS 40 Investment Property
E453778
IAS 40 Investment Property is an International Accounting Standard that prescribes the accounting treatment, recognition, and disclosure requirements for property held to earn rentals or for capital appreciation.
All labels observed (1)
| Label | Occurrences |
|---|---|
| IAS 40 Investment Property canonical | 3 |
How this entity was disambiguated
This entity first appeared as the object of triple T4575911 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: IAS 40 Investment Property Context triple: [International Financial Reporting Standards, includesStandard, IAS 40 Investment Property]
-
A.
ASC 350 Intangibles—Goodwill and Other
ASC 350 Intangibles—Goodwill and Other is a U.S. GAAP accounting standard that provides guidance on the recognition, measurement, and impairment testing of goodwill and other intangible assets.
-
B.
IFRS
IFRS (International Financial Reporting Standards) is a globally used set of accounting standards designed to bring transparency, comparability, and consistency to financial statements across different countries.
-
C.
ASC 842 Leases
ASC 842 Leases is the U.S. GAAP accounting standard that overhauled lease accounting by requiring most leases to be recognized on the balance sheet as right-of-use assets and lease liabilities.
-
D.
International Financial Reporting Standards
International Financial Reporting Standards are a globally recognized set of accounting rules and principles designed to bring transparency, consistency, and comparability to financial statements across different countries.
-
E.
ASC 805 Business Combinations
ASC 805 Business Combinations is a U.S. GAAP accounting standard that provides guidance on how companies should recognize, measure, and disclose assets, liabilities, and goodwill arising from mergers and acquisitions.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: IAS 40 Investment Property Target entity description: IAS 40 Investment Property is an International Accounting Standard that prescribes the accounting treatment, recognition, and disclosure requirements for property held to earn rentals or for capital appreciation.
-
A.
ASC 350 Intangibles—Goodwill and Other
ASC 350 Intangibles—Goodwill and Other is a U.S. GAAP accounting standard that provides guidance on the recognition, measurement, and impairment testing of goodwill and other intangible assets.
-
B.
IFRS
IFRS (International Financial Reporting Standards) is a globally used set of accounting standards designed to bring transparency, comparability, and consistency to financial statements across different countries.
-
C.
ASC 842 Leases
ASC 842 Leases is the U.S. GAAP accounting standard that overhauled lease accounting by requiring most leases to be recognized on the balance sheet as right-of-use assets and lease liabilities.
-
D.
International Financial Reporting Standards
International Financial Reporting Standards are a globally recognized set of accounting rules and principles designed to bring transparency, consistency, and comparability to financial statements across different countries.
-
E.
ASC 805 Business Combinations
ASC 805 Business Combinations is a U.S. GAAP accounting standard that provides guidance on how companies should recognize, measure, and disclose assets, liabilities, and goodwill arising from mergers and acquisitions.
- F. None of above. chosen
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
IFRS standard
ⓘ
International Accounting Standard ⓘ |
| allows | transfer to or from investment property when change in use occurs ⓘ |
| appliesTo | investment property ⓘ |
| appliesToEntities |
entities that hold property for capital appreciation
ⓘ
entities that hold property to earn rentals ⓘ |
| classificationCriterion |
intention for capital appreciation
ⓘ
intention to earn rentals ⓘ not held for administrative purposes ⓘ not held for sale in the ordinary course of business ⓘ not held for use in production or supply of goods or services ⓘ |
| costModelTreatment |
depreciation recognised in accordance with IAS 16
ⓘ
impairment recognised in accordance with IAS 36 ⓘ |
| defines | investment property ⓘ |
| fairValueModelTreatment | changes in fair value recognised in profit or loss ⓘ |
| fullName | IAS 40 Investment Property ⓘ |
| issuedBy |
IASB
ⓘ
linked to:
International Accounting Standards Board
International Accounting Standards Board ⓘ |
| jurisdiction | IFRS-reporting entities worldwide ⓘ |
| language | English (official text) ⓘ |
| measurementModelOptions |
cost model
ⓘ
fair value model ⓘ |
| objective |
to prescribe disclosure requirements for investment property
ⓘ
to prescribe the accounting treatment for investment property ⓘ |
| predecessorBody |
IASC
ⓘ
International Accounting Standards Committee ⓘ |
| relatedStandard |
IAS 16 Property, Plant and Equipment
ⓘ
IAS 36 Impairment of Assets ⓘ IFRS 13 Fair Value Measurement ⓘ IFRS 5 Non-current Assets Held for Sale and Discontinued Operations ⓘ |
| requires |
consistency of measurement model for all investment property
ⓘ
disclosure of direct operating expenses from investment property ⓘ disclosure of fair value of investment property ⓘ disclosure of measurement basis ⓘ disclosure of methods and significant assumptions applied in determining fair value ⓘ disclosure of rental income from investment property ⓘ evidence of change in use for transfers of property classification ⓘ inclusion of transaction costs in initial measurement ⓘ initial measurement at cost ⓘ reconciliation of carrying amount of investment property ⓘ subsequent measurement using either fair value model or cost model ⓘ |
| scopeExcludes |
owner-occupied property
ⓘ
property being constructed or developed for future use as investment property when IAS 16 applies ⓘ property held for sale in the ordinary course of business ⓘ |
| scopeIncludes |
property held for capital appreciation
ⓘ
property held to earn rentals ⓘ |
| status | in force ⓘ |
| subjectArea |
accounting for investment property
ⓘ
financial reporting ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: IAS 40 Investment Property Description of subject: IAS 40 Investment Property is an International Accounting Standard that prescribes the accounting treatment, recognition, and disclosure requirements for property held to earn rentals or for capital appreciation.
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.