Abstract:

A property that cannot be moved from one place to another is defined as immovable property or real estate. Immovable properties retained with the intention of earning a return from value increase and capital gains are referred to as investment properties. Measurement and accounting treatment of such immovable properties kept for earning a return or rental income have been changed according to the Uniform Accounting System in practice. In this study, it is aimed to make contribution to the literature by comparing measurement and accounting treatment of investment properties that provide significant economic gains for the companies in terms of the Uniform Accounting System and Financial Reporting Standards for Large and Medium-Sized Enterprises and several examples are given to explain similarities and differences.