Property Accounting Issues
This session will look in depth at all the relevant issues and consider solutions for property accounting issues
Description
Most practitioners act for clients that have some accounting issues relating to trading and investment properties. This session will look in depth at all the relevant issues and consider solutions in the event that either FRS 102 or FRS 105 is being applied. Topics covered will include: Accounting implications of raising finance for property transactions, Classifying properties in financial statements, Investment property accounting – frequently asked questions, When should property developers recognise revenue? Construction contract accounting – key tips and traps, FRS 102 v FRS 105 – key similarities and differences
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