Singapore News : New accounting rules may result in property stock trading volatility

05 October 2007 |

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,


Santosh Puthran


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