000 01568cam a2200253 4500
001 ABS65384
008 020416n2002 000 0 eng u
035 _a(Sirsi) u117527
100 _aGelder, K
245 _aAre they as good as their word?
260 _c2002
490 _aEstates Gazette
_v(0213) 30 March 2002, 92-93(2)
520 _aConsiders why an understanding of covenant strength and related accounting practices is important for surveyors. Explains how the financial standing of a company can affect those involved in other property specialisms, for example surveyors involved in the letting and assignment of commercial property. Highlights how covenant strength applies to negotiating lease terms or advising on lease assignments, and points to the changes brought in by the Landlord and Tenant (Covenants) Act 1995. Advises that surveyors should be able to interpret company accounts and understand an accountant's advice. Concludes with methods of researching covenant strength. Includes explanations of the profit and loss account, rents for a retail unit, the balance sheet, and definitions used to analyse the financial strength of a firm.
590 _aABS
650 _aMANAGEMENT-BUSINESS MANAGEMENT-FINANCIAL MANAGEMENT-ACCOUNTING
650 _aLANDLORD AND TENANT (COVENANTS) ACT 1995
650 _aRETAIL UNIT
650 _aPROFIT AND LOSS ACCOUNT
650 _aCOVENANT STRENGTH
650 _aCOMPANY ACCOUNTS
650 _aBALANCE SHEET
690 _aMANAGEMENT-BUSINESS MANAGEMENT-FINANCIAL MANAGEMENT
942 _n0
999 _c69994
_d69994