References and Bibliography

Accounting Standards Committee (various dat es). ' Exposure Drafts'

(EDs) , 'St atements of Stand ard Accounting Practice ' (SSAPs),
London.
Derb es, M. J . (1982). 'Is the cost approach obsolete' , The A ppraisal
Journal, October.
Griffiths , I. (1986). Creative Accounting , Wyvern Business Library, Ely.
Hartmann, D . J . F. and Shapiro , M. B. (1983). 'Depreciation: incurable
functional obsol escence' , The Appraisal Journal , July .
Leach , S. and Stamp , E . (1981). British Accounting Standards ,
Woodhead-Faulkner, Cambridge.
Marriott , O. (1967). The Property Boom , Hamish Hamilton , London .
Rayner, M. (1976). 'Valuation of property for which no mark et exists',
Estates Gazette, 22 May.
Royal Institution of Chartered Surveyors (1982). Guidan ce Notes on the
Valuation of Assets, 2nd edn, RICS , London.
Sandil and s, F. (1975). Inflation Accounting , Cmnd 6225, HMSO ,
London .
Scap ens, R. W. (1981). Accounting in an Inflationary Environment , 2nd
edn, Macmillan , London .
Westwick, A. (1980). Property Valuation and A ccoun ts , I.C.A.E.W.

55
Index

Accountants asset valuatio n 14 when used 22

Accounting
curr ent cost 10 et seq.
deb ate on methodology 11 et
seq. Inflation
for compensation 8 et seq. accounting 12 et seq .
for inflation 12 et seq. definition 11
historic cost 9 effect on companies 10
Standard Accounting Practice
SSAP 12
Asset valuation
RICS Guidance Not es 15, also Land value s 26
chapters 3, 4 and 5 passim
Stand ards Committee 14

Ob solescence of assets 24
Building costs 23

Capital of companies 3 et seq . Plant and machinery 38

Company
accounting and accountants 8
et seq.
capital of 3 Royal Institution of Chartered
definition 1 Surveyors 14
legal status 1 Guidance Note s on the
limited liability 6 Valuation of Assets 15,
reason for forming 2 also chapters 3, 4 and 5
sha res in 3 et seq.
valuation requirement s 31, also
chapter 5 passim

Sandiland s Report 12
Depreciated repla cement Stock Exchange 5
values 22 et seq . Rules fo r admission of securities
obsolesence 22 et seq . f or listing 5
valuation meth ods 24 'Yellow Book ' 5, 28
57
58 INDEX

Valuation plant and machinery 38

basis of instructions 29
certificate 40
checks on 49, also chapter 7
passim
company accounts chapter 5
passim
conditions precedent 39
depreciated replacement
cost 44
details of 7
existing user requirement 31
Insurance Company Act
1974 27
land and buildings 36
leaseholds 37
methods 21
problems and solutions 43,
also chapter 6 passim
properties as trading stock
-37
replacement cost 43
reports 44
town planning, effects of 30,
31
'unit linked ' assets 27
Value
alternative 20
definition 17 et seq.
depreciated replacement 21
Valuers
appointment 27
definition 26