Under IFRS a special land account is often found on the balance sheet. This account is called:

Name: Under IFRS a special land account is often found on the balance sheet. This account is called:
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The special land account often found on the balance sheet under IFRS is called Investment Property. This account is used to recognize and report any investment properties that are held by the entity for rental income or capital appreciation, rather than for use in production or administrative purposes.

Under IFRS a Special Land Account Is Often Found on the Balance