IFRS 40, IFRIC 1 & IAS 16 Explained | Investment Property, Decommissioning & PPE Accounting

Understanding fixed asset accounting is crucial for businesses and financial professionals. In this video, we cover three important IFRS accounting standards:

IFRS 40 (Investment Property) – Accounting treatment for property held for rental income or capital appreciation.
IFRIC 1 (Decommissioning, Restoration, and Similar Liabilities) – How to account for changes in decommissioning costs.
IAS 16 (Property, Plant, and Equipment - PPE) – Recognition, measurement, depreciation, and disposal of tangible assets.

What You’ll Learn in This Video:

✅ IFRS 40 – Investment property classification, cost vs. fair value model,
and disclosures.
✅ IAS 16 – PPE capitalization, depreciation, revaluation model, and
impairment testing.
✅ IFRIC 1 – Treatment of asset restoration costs and adjustments to
liability estimates.
✅ Differences between PPE and Investment Property in accounting.
✅ How changes in decommissioning costs impact asset valuation and
financial statements.


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