Valuation Uncertainty.pdf

PFA-PRP-Position-Paper-on-Dealing-with-Valuation-Uncertainty.pdf
Preview of Valuation Uncertainty
🔗 Source: prp.com.au
📊 Size: 409 KB
👤 Author: Greg Preston
⬇️ Downloads: 115

Summary

The Property Funds Association of Australia issued a paper to assist members and stakeholders in dealing with valuation uncertainty for investment real estate during the COVID-19 pandemic. The paper considers valuation and accounting standards, government stimulus packages, and practical applications of valuation methodologies. Key points include the importance of well-corroborated cash flow input assumptions, the impact of the National Cabinet Mandatory Code of Conduct on cash flow forecasting, and the heightened scrutiny of investment real estate valuations by lenders, regulators, and auditors. Relevant accounting standards in Australia include AASB 13, AASB 116, and AASB 140, which provide guidance on fair value measurement, property valuation, and investment property valuation.

Description

The Property Funds Association of Australia issued a paper to assist members and stakeholders in dealing with valuation uncertainty for investment real estate...

Technical Information

  • File Format: PDF
  • File Size: 409 KB
  • Pages: 10
  • Language: EN
  • Author: Greg Preston
  • Total Downloads: 115
  • Last Updated: 1 week ago

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