The Red Book is recognised throughout the industry as the leading standard for valuation. Updating it to incorporate changes to the International Valuation Standards (IVS) ensures that it continues to reflect best practice, not just in the way a valuation is done, but also in the way professionals conduct themselves when undertaking this work.
It is important that technical changes to the Red Book are understood and incorporated by our professionals. This will ensure they comply with IVS and offer their clients confidence that their work is done to the highest standard. To support this, we have published a guide to the key changes, which sits alongside the Red Book. Continue reading.
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