In the presentation of real estate performance, disclose any changes in ________, including unrealized gains and losses.
Click on the arrows to vote for the correct answer
A. B. C. D. E.C
Questions have arisen about the effects of real estate appraisals on recognizing gains or losses in value in performance periods. Consistent with industry practices, the AIMR-PPS require that changes in valuation, including unrealized gains and losses, be recognized in the reporting period that includes the effective date of the appraisal.