000			01320cab a2200229 4500
001			ABS55247
008			090401t1996 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u15134
041			_aeng
100			_aWaters, J.
245			_aTime to call ASB efficiency proposals to account
260			_c1996
350			_a0
490			_aProperty Week _v55(9) 30 May 1996, 24-25(2)
520			_aChanges to accounting rules proposed by the ASB in recent discussion papers could have wide-ranging impact on the nature and frequency of valuations for company accounts. The "Measurement of tangible fixed assets" considers what property assets shall be valued, how often, by whom, should they be mandatory, what are specialised property, should they be treated differently. Another discussion paper considers when a fall in value of a property asset is a permanent diminution in value and how should such changes in value be reflected in financial statements. The ASB will also review SSAP19 which permits property investment companies to forego charging depreciation on property assets provided annual revaluations are incorporated in their accounts.
650			_aACCOUNTING STANDARDS
650			_aASSET VALUATION
650			_aPROPERTY ASSETS
690			_aRATING AND VALUATION
942			_n0
948			_c04/03/1997
999			_c9890 _d9890