Adoption of IFRS

Adoption of International Financial Reporting Standards (IFRS)

Investment Companies

Reporting Investment Property at Fair Value

In previous years, the FASB considered whether to provide an option to report investment property at fair value in the context of the Board’s Fair Value Option – Phase 2 project. The information provided below includes background information on this issue including Nareit's letter to the FASB. Although the FASB removed this project from its current agenda, the reporting of investment property at fair value may resurface in connection with the potential mandatory IFRS adoption in the U.S. beginning in 2014.

Reporting Discontinued Operations

Nareit initiated a request that the FASB modify FAS 144 to resolve the requirement for the industry to report the disposition of individual or relatively small groups of properties as discontinued operations. The FASB and IASB have agreed on a modified definition of discontinued operations that provides the opportunity to resolve this reporting issue.

Financial Standards Updates

Financial Standards Updates, SFO Reports and Policy Reports


Best Practice Disclosures

National Policy Bulletin Archive


- Nareit members only. Please log in to view or click here for membership information.