Industries We Serve
Technical Accounting for Real Estate
Investment property accounting, development costs, and joint arrangements are the core technical accounting questions we help real estate businesses answer.
Sector Challenges
Accounting Issues Specific to Real Estate
- Investment property classification and fair value measurement under IAS 40
- Development cost capitalisation for property under construction
- Joint arrangements and joint ventures for co-investment structures
- Revenue recognition for property sales and long-term leases
- Lease accounting for landlords and tenants under IFRS 16
Who We Work With
- CFOs and Finance Directors in real estate
- Finance teams preparing for external audit
- Businesses undergoing acquisition or investment
- Multinational subsidiaries reporting under IFRS
Standards We Apply
Relevant IFRS & Accounting Standards
FAQs
Common Questions
Should real estate be classified as investment property or owner-occupied?
The classification under IAS 40 depends on whether the property is held to earn rental income or for capital appreciation (investment property) versus use in the business's own operations (owner-occupied, accounted for under IAS 16) — a distinction that materially affects the accounting model.
How is fair value determined for investment property?
Fair value under IAS 40 is typically supported by an independent valuation, with disclosure of the valuation technique and key inputs required under IFRS 13 — technical accounting advisory helps ensure the disclosures meet audit expectations.
Other Industries
Sector-Specific Expertise Across Industries