Call for reform leaves valuers at a crossroads
Davey, J
Call for reform leaves valuers at a crossroads - 2001 - Property Week 66(41) 12 October 2001, 18-19(2) .
A report by Schroder Saloman Smith Barney's analyst team, "At the crossroads", attacks the accuracy of property valuations and calls for audit-style regulation. Article discusses how the report proposes to tighten regulations surrounding net asset value equity valuations. Key recommendations include: rotating valuers of quoted property companies every three years; making valuers report to shareholders; disclosing valuation fees in accounts; disclosing instructions given to valuers by property companies in accounts; and ensuring property companies ask valuers to disclose asset-by-asset valuations.
SURVEYING FIRMS
REGULATION
NET ASSET VALUE
VALUERS
PROPERTY VALUATIONS
VALUATION STANDARDS
Call for reform leaves valuers at a crossroads - 2001 - Property Week 66(41) 12 October 2001, 18-19(2) .
A report by Schroder Saloman Smith Barney's analyst team, "At the crossroads", attacks the accuracy of property valuations and calls for audit-style regulation. Article discusses how the report proposes to tighten regulations surrounding net asset value equity valuations. Key recommendations include: rotating valuers of quoted property companies every three years; making valuers report to shareholders; disclosing valuation fees in accounts; disclosing instructions given to valuers by property companies in accounts; and ensuring property companies ask valuers to disclose asset-by-asset valuations.
SURVEYING FIRMS
REGULATION
NET ASSET VALUE
VALUERS
PROPERTY VALUATIONS
VALUATION STANDARDS