Standard Pacific Taking a Charge

Standard Pacific Corp., the Costa Mesa home builder, said it will take a charge of as much as $30 million, or up to $1 a share, during the fourth quarter, an adjustment reflecting new accounting rules scheduled to ake effect next year.

The new rule changes the way of valuing longterm assets, including the company’s real estate holdings. All companies subject to the rule, which is set by the Financial Accounting Standards Board, must adopt it by the first quarter of 1996.

In the third quarter, Standard Pacific reported a loss of $476,000 or 2 cents a share, compared with a net loss of $2.1 million, or 7 cents a share, a year ago.