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In accordance to IFRS investment in properties are described on cost or market value in financial statement of a company.

Accounting Auditing Budgeting Financials Costing
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Question added by Mobeen Tahir , Credit Officer , Tawuniya Insurance
Date Posted: 2015/02/19
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Asif Hussain
by Asif Hussain , Accountant , Al Howail Company

Cost value should be use and some notes must be mention regarding its market value for correct disclour of FS

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

It is Cost or Fair Value, depends on your choice

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