德勤中国房地行业在建投资物业会计实用指南

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1、Accountingforinvestmentpropertiesunderconstruction-apracticalguideOctober2009RealEstateIndustryPracticeContents1Introduction3Scope4Measurement7Recognitionoffairvaluegainsorlossesandtransitionalprovisions8Transfers9Disclosures11AppendixIntroductionTheHongKongInstituteofCertifiedPublicTheamendme

2、nttoHKAS40appliesprospectivelyAccountantshasmadeanamendmenttoHKASforannualperiodsbeginningonorafter1January40InvestmentPropertyin2008thataffects2009.Earlierapplicationispermittedprovidedtheaccountingtreatmentforpropertiesunderthatthefairvaluesofinvestmentpropertiesunderconstructionordevelopmen

3、tforfutureuseasconstructionwerepreviouslydeterminedattheinvestmentproperties(hereinafterreferredtoasapplicationdate.“investmentpropertiesunderconstruction”).ThisInthisguide,forsimplicity,allreferencesaremadeamendmentwasbasedontheamendmentmade,toHKAS40andotherapplicableHongKonginMay2008,toIAS40

4、InvestmentPropertyasFinancialReportingStandards(HKFRSs)only.partofthe2008ImprovementstoInternationalFinancialReportingStandards.TheamendmentThisguide(throughthequestionsandresponsesismadetoincludewithinthescopeofHKAS40below)providespreparerswithguidanceasinvestmentpropertiesunderconstruction.t

5、ohowtoapplythenewrequirementsonthefollowingaspects:Theamendmenthasresultedinasignificantchangeintheaccountingforinvestment•Scopepropertiesunderconstruction.Beforethe•Measurementamendment,investmentpropertiesunderconstructionwerewithinthescopeofHKAS•Recognitionoffairvaluegainsorlossesand16Prope

6、rty,PlantandEquipmentandweretransitionalprovisionsmeasuredatcostlessimpairment(ifany).After•Transferstheamendment,investmentpropertiesunderconstructionarerequiredtobeaccountedforas•Disclosuresinvestmentproperties.Accountingforinvestmentpropertiesunderconstruction-apracticalguide1Particularly,t

7、hisguideincludesthefollowingfrequentlyaskedquestions:ScopeQuestion1:IstheamendmenttoHKAS40applicabletoinvestmentpropertiesunderconstructionthatexistatthedateoftheapplicationoftheamendment?Question2:Aftertheamendment,canentitiesaccountfo