The Institute of Chartered Accountants of India
(Setup by an Act of Parliament)
(Setup by an Act of Parliament)
ASLB 16, ‘Investment Property’, prescribes the accounting treatment for investment property and related disclosure requirements. This Standard permits only the cost model for measurement. However, fair value is required to be measured for disclosure purposes.
The Exposure Draft is open for comment until 31st July, 2015
| Due process documents |
| Exposure Draft of Accounting Standard for Local Bodies (ASLB) 16 Investment Property [PDF] |