CTHRepealedLegislation
AASB 140 - Investment Property - July 2004
Compliance with IAS 40Compliance with IAS 40
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Compliance with IAS 40
For-profit entities that comply with AASB 140 as amended will simultaneously be in compliance with IAS 40 as amended.
Not-for-profit entities using the added Australian paragraph Aus20.1 will not simultaneously be in compliance with the requirements of IAS 40. Not-for-profit entities not using added Australian paragraph Aus20.1 will be able to claim compliance with IAS 40.
Entities preparing general purpose financial statements under Australian Accounting Standards – Reduced Disclosure Requirements will not be in compliance with IAS 40.