Accounting & Bookkeeping Outsourcing Services
BB Whitehouse is one of the leading names in the field of Accounting and Bookkeeping. It offers a wide range of accounting and bookkeeping services that cater to the requirements of many business types and individuals. We provide dependable and high quality standards of Financial Account Preparation.
Call Us on + 61 7 3368 9999 OR Send us Enquiry
1
Valuations of Partially Completed Investment Properties:
The International Valuations Standards Council have released a report detailing methods of valuing investment property – Important to note: The market value of a partially completed investment property will reflect the expectations of market participants of the value of the property when complete, less deductions for the costs required to complete the project and appropriate adjustments for profit and risk. The valuation and all key assumptions used in the valuation should reflect market conditions at the valuation date. It is inappropriate to estimate the market value of a partially completed investment property solely by reference to the project plan or feasibility study produced at the commencement of the project.
The full article can be found at http://www.ivsc.org/pubs/gn17-2010.pdf
Back to top
