... into practitioner understanding of the method, in particular the capitalization rates adopted. Also suggests that the time is right to critically re‐examine the methods used in practice and sets out suggested pre‐requisites for the development of a sustainable and defensible approach to the valuation of commercial...

...Richard Smee 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...

... are beneficial to the local community and business in general. Argues that such mechanisms should have a far wider application. © MCB UP Limited 1992 Finance Property development Financial accounting Capitalization ...