Capitalisation of Interest for Property Companies

Abstract

Describes the current position of capitalizing interest into the cost of property development within UK law and accounting standards. Contrasts this with the situation in other countries. Discusses recent (1992) proposals for change. Argues that capitalization, if properly applied, is a prudent and proper measure. Concludes that reforms are needed to promote a more uniform and well‐understood approach to capitalization.

Citation

Smee, R. (1992), "Capitalisation of Interest for Property Companies", Journal of Property Finance, Vol. 3 No. 1. https://doi.org/10.1108/09588689210033648