21.06.2011 - Commercial property accounting – a law unto itself?
Commercial property is big business in the UK and office stock has grown three-fold in recent years. The money involved is huge but accounting for services charges - which can boost rent by as much as £70m per year - is unregulated and patchy. A few landlords produce detailed, timely accounts, but many content themselves with a scrap of paper detailing an end of year balance and some nominal information..............................................Full Article: Source
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