Exposure draft technical information paper 2, depreciated replacement cost February 2011 [electronic resource]
Language: English Publication details: London IVSC 2011Subject(s): LOC classification:- 333.332091 $2 18
| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Book | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | 1 | Available | 152334-2001 |
Introduction -- DRC -- Overview -- When to use the DRC method -- Replacement cost -- Componentisation -- Depreciation -- Physical deterioration -- Functional obsolescence -- Economic obsolescence -- Asset life -- Valuation considerations -- Bases of value
Published by the International Valuation Professional Board this exposure draft will result in technical guidance for valuation professionals on the depreciated replacement cost (DRC) method , the most common valuation method under the cost approach. The DRC method can be applied to a wide range of asset types, is frequently used when there is either very limited or no evidence of sales transactions and may be used to estimate a variety of different bases of value. Comments are invited before 31 May 2011.