Image from Google Jackets

Accounting for property companies

Language: English Series: Estates Gazette ; (9230) 1 August 1992, 23(1)Publication details: 1992Subject(s): Summary: After Trafalgar House`s transfer of £155m of property from development to to investment without adjusting profits, the Accounting Standards Board is to require property companies making similar transfers to revalue the property and take a hit to profits if necessary.

After Trafalgar House`s transfer of £155m of property from development to to investment without adjusting profits, the Accounting Standards Board is to require property companies making similar transfers to revalue the property and take a hit to profits if necessary.