FRS 102

In this article we will discuss the differences between investment property and property, plant and equipment (PPE) under FRS 102, the UK accounting standard for financial reporting. We will also explain how to account for transfers between these categories of property and the implications for fair value measurement. What is the difference between investment properties

This page contains information about FRS 102, which is a financial reporting standard applicable in the UK and Republic of Ireland. It sets out the requirements for preparing financial statements that give a true and fair view of a reporting entity’s financial position and profit or loss. The standard applies to a wide range of