000 02251cab a22003015a 4500
001 L160194
005 20260408103311.0
008 181129e2018 xxk 000 0 eng d
020 _a9781783213290
035 _a(Sirsi) u160194
041 0 _aeng
110 2 _aRICS Valuation Professional Group
_96213
245 0 0 _aDepreciated replacement cost method of valuation for financial reporting
_h[electronic resource]
250 _a1st ed
260 _aLondon
_bRICS
_c2018
490 _aRICS Professional Standards and Guidance UK
500 _aNote this was reissued with the same ISBN and edition number in April 2026 in light of HM Treasury's thematic review of non-investment asset valuation has confirmed minor but material changes affecting Depreciated Replacement Cost (DRC) valuations used for UK public sector financial reporting. Alternative site assumptions are now prohibited: valuers must not assume relocation to lower-value sites or land outside the required service-delivery zone. Land and buildings must be valued as a single integrated DRC asset, and land costed on a Modern Equivalent Asset (MEA) basis must remain within the required geography.
520 _aFocuses on the depreciated replacement cost method of valuation for financial reporting. Highlights the reporting requirements outlined in RICS Valuation Global Standards 2017 UK national supplement (RB UK) that are particularly relevant when the DRC method has been used. Defines term depreciation in DRC valuations context.
520 _aGuidance Note previously published as part of RICS Valuation Standards UK.
590 _aKA
650 2 4 _aDEPRECIATED REPLACEMENT COST
650 2 4 _aRICS VALUATION GLOBAL STANDARDS 2017 UK NATIONAL SUPPLEMENT
651 4 _aUnited Kingdom
690 _aValuation
_96273
856 4 0 _uhttps://www.isurv.com/downloads/file/7634/archive_depreciated_replacement_cost_method_of_valuation_for_financial_reporting_1st_edition
_zOriginal version on isurv
856 4 0 _uhttps://www.rics.org/profession-standards/rics-standards-and-guidance/sector-standards/valuation-standards/depreciated-replacement-cost-method-of-valuation-for-financial-reporting
_zDRC home page on RICS.org with link to current version
942 _n0
_2ddc
999 _c85183
_d85183