Start F dating related 40 txt 40

F dating related 40 txt 40

[IAS 40.16] Investment property is initially measured at cost, including transaction costs.

[IAS 40.58] The following rules apply for accounting for transfers between categories: When an entity uses the cost model for investment property, transfers between categories do not change the carrying amount of the property transferred, and they do not change the cost of the property for measurement or disclosure purposes.

An investment property should be derecognised on disposal or when the investment property is permanently withdrawn from use and no future economic benefits are expected from its disposal.

Ar ages for a series of proximal tuffs from the Toba super-volcano in Indonesia, and the Bishop Tuff and Lava Creek Tuff B in North America have been obtained.

Core from Ocean Drilling Project Site 758 in the eastern equatorial Indian Ocean contains discrete tephra layers that we have geochemically correlated to the Young Toba Tuff (73.7 ± 0.3 ka), Middle Toba Tuff (502 ± 0.7 ka) and two eruptions (OTTA and OTTB) related to the Old Toba Tuff (792.4 ± 0.5 and 785.6 ± 0.7 ka, respectively) (Ar data reported as full external precision, 1 sigma).

The gain or loss on disposal should be calculated as the difference between the net disposal proceeds and the carrying amount of the asset and should be recognised as income or expense in the income statement.

[IAS 40.66 and 40.69] Compensation from third parties is recognised when it becomes receivable.

However, such property could qualify as investment property in the separate financial statements of the lessor, if the definition of investment property is otherwise met.