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Valuation Responsibility and Accountability

  • Writer: akinABRAHAM & ASSOCIATES LTD
    akinABRAHAM & ASSOCIATES LTD
  • Jul 4, 2021
  • 1 min read

VALUERS' VALUATION


Valuers are advised to undertake  assets valuation in a socially responsible manner, and in consideration of other interests and concerns (legal, market, health, environmental, social, stakeholders positions, technical and functional factors, etc.) when estimating the economic worth of an asset.


These responsibilities and accountability are carefully captioned and explained in the Valuation Standards whenever an expert opinion on the value of the assets is required for any purpose(s).


In Nigeria, valuation services are delivered in compliance with the #NigerianValuationStandards ("the Green Book") and #IVS, and every #ESVARBON Registered #Valuer is mandated to demonstrate an acceptable level of responsibility and accountability for the valuation report and its content, and the ability to explain and defend it if challenged.


Feel free to engage a valuer today at  https://www.esvarbon.gov.ng/register-of-esvs/#firms and https://www.akaa-ng.com/




 
 
 

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