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How to record an increase in fair value of an asset?

in IAS 40 - Investment Property by
How do I recognize an increase of fair value of an investment property? What should be the accounting entries?

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by Level 2 Member (2.8k points)
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From your question it is assumed that fair value model has been adopted.

In such case, when fair value has increased the recording goes as follows:
DR     Investment property
CR     Income from increase in fair value

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