Accounting for property companies
Accounting for property companies
- 1992
- Estates Gazette (9230) 1 August 1992, 23(1) .
After Trafalgar House`s transfer of £155m of property from development to to investment without adjusting profits, the Accounting Standards Board is to require property companies making similar transfers to revalue the property and take a hit to profits if necessary.
ACCOUNTING STANDARDS BOARD
MANAGEMENT-BUSINESS MANAGEMENT-FINANCIAL MANAGEMENT-ACCOUNTING
INVESTMENT PROPERTY
PROPERTY COMPANIES
REVALUATION
After Trafalgar House`s transfer of £155m of property from development to to investment without adjusting profits, the Accounting Standards Board is to require property companies making similar transfers to revalue the property and take a hit to profits if necessary.
ACCOUNTING STANDARDS BOARD
MANAGEMENT-BUSINESS MANAGEMENT-FINANCIAL MANAGEMENT-ACCOUNTING
INVESTMENT PROPERTY
PROPERTY COMPANIES
REVALUATION