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IFRS and property

Series: RICS European Alert ; November 2004 2(1)Publication details: c2004Subject(s): Summary: With International Financial Reporting Standards (IFRS) becoming mandatory for all EU listed companies from the start of next year come important changes in the way that properties are presented in company accounts. All who have dealings with property - company directors, valuers, lawyers, accountants, investors and analysts, etc will need to appreciate the repercussions of the new rules. RICS has published a guide to the new accounting regime and its likely repercussions. "Property under IFRS: a guide to the effects of the new International Financial Reporting Standards" is available to download from the RICS website. http://www.rics.org

With International Financial Reporting Standards (IFRS) becoming mandatory for all EU listed companies from the start of next year come important changes in the way that properties are presented in company accounts. All who have dealings with property - company directors, valuers, lawyers, accountants, investors and analysts, etc will need to appreciate the repercussions of the new rules. RICS has published a guide to the new accounting regime and its likely repercussions. "Property under IFRS: a guide to the effects of the new International Financial Reporting Standards" is available to download from the RICS website. http://www.rics.org