Investment properties

Posted by Anonymous PM | on Sat, 01/08/2009 - 21:09 810 1 comment | report

SSAP 19 states that investment properties should be stated at market value but is this always necessary given the cost of a valuation ? if not what are the necessary disclosures for departing from SSAP 19 ?

Comments

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Anonymous | Tue, 18/08/2009 - 08:47 | Permalink

These properties should be included at market value.

they do not need to be valued by a professional.

they could be valued by the directors.

you need to disclose the valuers in teh accounts.