Explains the ways in which real estate and real estate valuationscan be shown in financial statements. Assists the valuer to betterunderstand the context in which they are working and the uses to whichthe valuation may be put. Concludes that valuers should fully understandthe context in which their valuation will appear in the accounts and therisk therefore attached to their work before giving their clientpermission to incorporate a revaluation into financial statements.
Journal of Property Valuation and Investment – Emerald Publishing
Published: Feb 1, 1991