Listed property developers may experience some volatility in the trading of their shares, if a proposed change to real estate financial reporting standard is implemented.
The International Accounting Standards Board has been consulting the industry on whether developers should book profits when they sell a new property in advance or when the project is completed.
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Regards,The International Accounting Standards Board has been consulting the industry on whether developers should book profits when they sell a new property in advance or when the project is completed.
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Santosh Puthran
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05 October 2007 |


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