[Verse 1] Property sits idle, earning rental streams Not for production, not for company schemes Hold it for appreciation, watch the value climb IAS forty draws the classification line Land or buildings generating cash today Investment purpose guides the accounting way [Chorus] Fair value model, cost model too Pick your measurement, see it through Transfers trigger new accounting rules Investment property, learn these tools Recognize the gains, track disposal proceeds IAS forty meets your financial needs [Verse 2] Owner-occupied switches to investment grade Reclassify when rental income's made Fair value option brings revaluation gains Straight to profit, breaking depreciation chains Cost model keeps historical amounts intact Depreciate annually, that's the fact [Chorus] Fair value model, cost model too Pick your measurement, see it through Transfers trigger new accounting rules Investment property, learn these tools Recognize the gains, track disposal proceeds IAS forty meets your financial needs [Bridge] Disposal day arrives, derecognize with care Proceeds minus carrying amount, profit's share Transfer out to inventory, cost becomes the base Development intentions change the classification space [Verse 3] Evidence drives classification every time Rental advertisements, lease agreements prime Fair value must be measured reliably Or cost model becomes necessity Subsequent expenditure, capitalize or not Enhancement versus maintenance, connect each dot [Chorus] Fair value model, cost model too Pick your measurement, see it through Transfers trigger new accounting rules Investment property, learn these tools Recognize the gains, track disposal proceeds IAS forty meets your financial needs [Outro] Investment property standards crystal clear Classification, measurement drawing near Transfers, disposals, model selection tight IAS forty guides your accounting sight
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