微信扫一扫
实时资讯全掌握
| Frank Corporation has investment property that is held to earn rental income. Frank prepares its financial statements in accordance with IFRS. Frank uses the fair value model for reporting the investment property. Which of the following is true? A. Changes in fair value are reported as other comprehensive income for the period. B. Changes in fair value are reported as profit or loss in the current period. C. Changes in fair value are reported as an extraordinary gain on the income statement. D. Changes in fair value are reported as deferred revenue for the period. |