Coming up short on accountants

Article Abstract:

Surveyors, in the UK, are well qualified to evaluate rent reviews, carry out inspections of buildings and value property for investment but they do not have sufficient expertise to manage service charges and rents. Surveying companies, without personnel with management accounting expertise, cannot not give their clients a complete service. Some firms are already trying to remedy the situation by putting their accountancy staff on the appropriate training courses although a course dealing in the specialism is not yet available. Service charges and rents can be worth several million pounds.

Surveying Services, Column, Accounting and auditing, Rents (Property), Survey services (Geodesy), Managerial accounting

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Chartered surveyors and land quality statements

Article Abstract:

The UK's Environmental Protection Act 1990 and the Environment Bill have great implications for professionals working in the property industry. The laws place property professionals in the role of risk managers and they need to have a better understanding of the factors that affect the environment in order to provide the best advice to their clients. Chartered surveyors can refer to the Land Quality Statement Guidance Notes on the skills necessary to advise land owners, developers and investors on the recognition of potential environmental liability.

United Kingdom, Environmental policy, Environmental law

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The Red Book and contaminated land

Article Abstract:

The new amendments to the Red Book were published just before Christmas 1995 and provide guidance on how surveyors should assess the value of contaminated land. The new Red Book requires certain minimum conditions to be agreed between surveyor and client, including a statement as to whether the valuation should take into account the land contamination. Points to consider when valuing contaminated land are discussed.

Land Surveying, Economic aspects, Valuation, Soil pollution, Real property, Real estate appraisal, Surveying

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