New accounting standard
New accounting standard
- 1998
- Financial Times 27 November 1998, 32(1) .
A new accounting standard, FRS-12, which requires large companies to disclose the aggregate liabilities of all unoccupied leasehold arrangements is forcing UK companies to focus on the inflexible terms of the standard lease. The standard will take effect from 23 March 1999.
ACCOUNTING STANDARDS
COMMERCIAL LEASES
FRS 12
LEASE TERMS
LONG LEASES
SURPLUS PROPERTY
UNOCCUPIED LEASEHOLDS
A new accounting standard, FRS-12, which requires large companies to disclose the aggregate liabilities of all unoccupied leasehold arrangements is forcing UK companies to focus on the inflexible terms of the standard lease. The standard will take effect from 23 March 1999.
ACCOUNTING STANDARDS
COMMERCIAL LEASES
FRS 12
LEASE TERMS
LONG LEASES
SURPLUS PROPERTY
UNOCCUPIED LEASEHOLDS