Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 14 February 2008
Length: 14 pages
Data source: Field research
Abstract
A UK real estate firm, required to adopt international accounting standards (IAS) by 2005, must change the reporting of its primary asset (investment property) from the revaluation model under UK GAAP to either the cost or fair-value model under IAS. This would have a number of effects on European investment property firms, including Land Securities.
Location:
Industry:
Size:
GBP1.2 billion revenues, 1,428 employees
Other setting(s):
2004
About
Abstract
A UK real estate firm, required to adopt international accounting standards (IAS) by 2005, must change the reporting of its primary asset (investment property) from the revaluation model under UK GAAP to either the cost or fair-value model under IAS. This would have a number of effects on European investment property firms, including Land Securities.
Settings
Location:
Industry:
Size:
GBP1.2 billion revenues, 1,428 employees
Other setting(s):
2004