Account Information

Financial Statement Statement of Financial Position
Normal Balance Credit

Definition

Accumulated depreciation...

📐 IFRS vs US GAAP Accounting Treatment

IFRS IAS 40 Investment Property
US GAAP ASC 360 Property, Plant and Equipment

❓ Frequently Asked Questions

Q: What is accumulated depreciation - investment property?

A: A contra-asset account shown as a deduction from investment buildings (under the cost model), representing accumulated depreciation.