Accounting for property in the UK: the legal and professional framework
Eccles, T.
Accounting for property in the UK: the legal and professional framework - 2001 - Journal of Corporate Real Estate 3(2) April 2001, 132-149(18) .
Sets out the rules, regulations and accounting principles that govern the valuation of property assets in the UK. Considers the recent changes to accounting standards by the Accounting Standards Board which mean property issues impact on profit and loss, and highlights the call for accurate and consistent valuation and depreciation of assets. Discusses in detail the basic accounting rules which apply to property, FRS 15, FRS 11 and FRS 12, with particular focus on "FRS 15 Tangible Fixed Assets". References.
ACCOUNTING STANDARDS
FRS15
PROPERTY ASSETS
TANGIBLE FIXED ASSETS
FRS11
FRS12
Valuation
Accounting for property in the UK: the legal and professional framework - 2001 - Journal of Corporate Real Estate 3(2) April 2001, 132-149(18) .
Sets out the rules, regulations and accounting principles that govern the valuation of property assets in the UK. Considers the recent changes to accounting standards by the Accounting Standards Board which mean property issues impact on profit and loss, and highlights the call for accurate and consistent valuation and depreciation of assets. Discusses in detail the basic accounting rules which apply to property, FRS 15, FRS 11 and FRS 12, with particular focus on "FRS 15 Tangible Fixed Assets". References.
ACCOUNTING STANDARDS
FRS15
PROPERTY ASSETS
TANGIBLE FIXED ASSETS
FRS11
FRS12
Valuation