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European valuers will follow IVSC standards

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13 Dec 2001

The European Public Real Estate Association (EPRA) has recommended adoption of valuation standards set by the International Valuation Standards Committee (IVSC).

In announcing that decision, EPRA noted that accounting standards in Europe are in a state of transition from national to International Accounting Standards (IAS). By adopting IVSC valuation standards, EPRA "has ensured that its recommendations are fully consistent with IAS".

Click for IVSC News Release (PDF 22k).

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