Land and buildings are sometimes mistreated as Property, Plant and Equipment PPE, when in fact it should be classified as Investment Property.

Through this session we want to help you address several tricky areas when it comes to land and buildings:
- Is it PPE or Investment Property?
- What am I allowed to include in the cost measurement on day 1?
- Do I have to adjust the balance every year end, and how?
- What happens if I no longer use land and buildings as ‘investment property,’ how do I process a transfer / reclassification?
- What needs to be presented / disclosed?