Revised International Accounting Standards (IAS)
Series: RICS Feature ; 28 January 2004 (3)Publication details: 2004Subject(s): Summary: Although the revised IAS, published 18 December 2003, formally come into effect on 1 January 2005, a requirement for entities adopting IAS from 2005 is that their first accounts include a comparison and reconciliation with the previous year's accounts, which means in practical terms valuations reflecting IAS could be required at any time from January 2004. RICS, through the Valuations for Financial Statements Working Group, is considering the effects of the revisions from the valuer's point of view and will publish guidance as soon as possible. http://www.rics.org/ricscms/bin/show?class=Feature &template=/includes/showfeature.html&id=970&facult y=Valuation&faculty=All%20Faculties| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB4004-19 (Browse shelf(Opens below)) | 1 | Available | 124963-1001 |
Although the revised IAS, published 18 December 2003, formally come into effect on 1 January 2005, a requirement for entities adopting IAS from 2005 is that their first accounts include a comparison and reconciliation with the previous year's accounts, which means in practical terms valuations reflecting IAS could be required at any time from January 2004. RICS, through the Valuations for Financial Statements Working Group, is considering the effects of the revisions from the valuer's point of view and will publish guidance as soon as possible. http://www.rics.org/ricscms/bin/show?class=Feature &template=/includes/showfeature.html&id=970&facult y=Valuation&faculty=All%20Faculties