... Emerald Publishing Limited Licensed re-use rights only Property valuation Monte Carlo simulation Professional standards Valuation uncertainty Discounted cash flow Probability distributions Disclosure The Royal Institution of Chartered Surveyors (RICS) Independent Review of Real...

...Nick French Purpose The aim of this education briefing is to look at the role of professional standards (PS) in the valuation process markets. Whilst concentrating upon the Royal Institution of Chartered Surveyors (RICS) Valuation Standards, the briefing will comment upon the importance of all...

... Professional standards Property underpins a major proportion of financial decisions in mature economies. Failure to ensure assets are properly valued risks financial exposure for a wide range of stakeholders. For example: banks that use property as collateral for loans; shareholders that have...