EPRA releases adviser tool to assist with the adoption of BPR reporting standards
02 Sep, 2015
The European Public Real Estate Association (EPRA) has made live a web tool intended to assist with the adoption of its Best Practices Recommendations reporting standards.
The Best Practice recommendations set out additional performance measures and supplementary information to be presented in the annual reports of public real estate companies, with the aim of making the financial statements of these companies clearer, more transparent and comparable across Europe.
The web tool, the ‘BPR Adviser’, is intended to make the adoption of these Best Practice Recommendations reporting standards simpler. It includes:
- an area where users can submit technical questions to an advisory panel for expert advice;
- guidance for members on each of the BPR metrics; and
- an area where users can search previously-answered questions.
EPRA highlights that the BPR Adviser is “a one-stop shop for property companies and their advisers, clarifying how they should account using the industry-accepted reporting standards”.
The press release and more information are available on the EPRA website.