Changing face of asset valuations.
Sewell, R.
Changing face of asset valuations. - 1999 - Solicitors' Journal 143(35) 17 September 1999, 866(1) .
Looks at the Accounting Standards Board's plans to change requirements for asset valuations. From March 2000 FRS 15 provides that once commercial property assets have been revalued, they must be revalued at least every five years with an interim valuation in the third year. A requirement will be introduced into FRS 12 that in certain situations the assets and liabilities of company's short leasehold properties should be quantified.
VALUATIONS
ACCOUNTING STANDARDS BOARD
Changing face of asset valuations. - 1999 - Solicitors' Journal 143(35) 17 September 1999, 866(1) .
Looks at the Accounting Standards Board's plans to change requirements for asset valuations. From March 2000 FRS 15 provides that once commercial property assets have been revalued, they must be revalued at least every five years with an interim valuation in the third year. A requirement will be introduced into FRS 12 that in certain situations the assets and liabilities of company's short leasehold properties should be quantified.
VALUATIONS
ACCOUNTING STANDARDS BOARD