COMPARATIVE ANALYSIS OF VALUATION PRACTICE Available to Purchase

The comparison of appraisal and valuation techniques between countries must ideally review methods currently used by practitioners. In the absence of such detailed research, an impression of current practice can be gleaned by comparing recent articles in the main valuation journals in the UK and the USA. This analysis, while not definitive, suggests that certain techniques, such as discounted cash flow, are more readily accepted in the US than in the UK.