classifi c ati on of the properties according to turkish accounti ng standarts and accounti ng of investment properti es in scope of tms - 40

With regard to intended use, property in the hands of business is subject to different standarts. Hand-held properties to get rental income and to acquire capital gain are different from other properties with respect to cash generation and capital gain. The objective of this study is to classify the property according to TMS and demonstrated of accounting of investment properties under the scope of the TMS-40. With this study, we explain TMS-40 and give examples for accounting of investment property to analyze IAS 40 applications.