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Property profits are risk

Language: English Series: Estates Times ; (1289) 28 July 1995, 1 | Financial Times ; 28 July 1995, 18(2)Publication details: 1995Subject(s): Summary: The Accounting Standards Board (ASB) is proposing that property companies should apply an annual depreciation charge to their assets leading to the scrapping of SSAP 19. Property companies fear a fall in profits if the new standard is adopted.

The Accounting Standards Board (ASB) is proposing that property companies should apply an annual depreciation charge to their assets leading to the scrapping of SSAP 19. Property companies fear a fall in profits if the new standard is adopted.