Global real estate IFRS survey 2008
Last year we conducted a survey on the 2007 financial statements of real estate entities. Our main conclusion was that the real estate sector still had a way to go on IFRS, especially with regard to increasing the transparency and comparability of the financial statements. We were therefore curious this year to see what progress the industry has made in this respect.
This year’s survey consisted of a global review of 50 IFRS financial statements. We selected listed real estate entities with audited financial statements. The survey includes annual reports from Western, Central and Eastern Europe as well as the Nordic countries and this year, we also included entities from the Asia Pacific region.
The new standard IFRS 8 is effective from 1 January 2009 and if ED 9 is translated into a new standard - this may have an impact on the financial statements.
In this Webcast, Kees Hage (Luxembourg) and Kees Roozen (The Netherlands) will highlight the key findings drawn from this year's survey. Please view this Webcast at a time convenient for you.
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