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Discuss the major accounting requirement of accounting

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Reference no: EM132698974

Scentre is the owner of a number of rental shopping centres around Australia. These shopping centres are classifed as investment properties

Problem 1. Discuss the major accounting requirement of accounting for investment properties under these accounting standards and any issues that might arise with the application of these standards.

Problem 2. There have been a number of disruptions to retail stores in Australia (and gllobally) and these are not limited to COVID19. How is this likely to to manifest in the financial statements of Scentre and why?

Reference no: EM132698974

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