Preston Rowe Paterson has developed a flowchart to assist our clients to classify assets and establish which Valuation and Accounting Standards and methodologies apply. As noted in our Financial Reporting brochure (Click here to download the Financial Reporting Brochure) Material Change is the trigger for asset revaluation where an asset within a class of assets differs from […]
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Asset Classification – A fundamental first step in Financial Reporting Valuation
Posted date: April 1st 2021 . Author AdminSydney .
Changes to the Commercial Building Disclosure Program (CBD) about to take effect
Posted date: June 20th 2017 . Author AdminSydney .
Preston Rowe Paterson’s Property, Asset and Facilities Management team are committed to providing up to date information regarding Regulatory changes in the Property Industry. As at 1 July 2017, the Commercial Building Disclosure (CBD) Program is undertaking a major change. The program was established by the Building Energy Efficiency Disclosure Act 2010 and is managed […]
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How the new legislation may affect your superannuation assets
Posted date: June 19th 2017 . Author AdminSydney .
Preston Rowe Paterson is undertaking valuations for clients to ready them for the changes to superannuation regulations. At issue is the aggregate value of assets held in superannuation funds relative to the introduction of the “transfer payment cap”. These changes in the Superannuation (Excess Balance Tax) Imposition Act 2016, which may lead to a need […]
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Changes to the Retail Leases Act 1994
Posted date: June 19th 2017 . Author AdminSydney .
Amendments to the Retail Leases Act 1994 (NSW) will take place, with the intent to increase transparency and certainty of deals made during the negotiation stage, introduce fair protections and increase operational efficiency. Landlords and tenants of retail properties will be affected by these changes, and while some of the following will have impacted both […]
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