Insurance
Investment Property Fair Value Gain
Revaluing a commercial building held by the insurer as an investment asset.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Investment Property (IAS 40) | Asset (+) | 120,000.00 | - |
| Gain on Investment Property (P&L) | Revenue (+) | - | 120,000.00 |
💡 Accountant's Note
Under IAS 40 fair value model, changes in investment property values go directly to P&L. Many Gulf insurers hold significant real estate — making this a material income item.
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