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Appraisers and Accountants: When Independence is Key
Appraisers and Accountants: When Independence is Key

When Independence Is Key

Accounting information must be relevant and reliable to be useful for decision-making. At the same time, recent events and changes in accounting and financial reporting regulations highlight the need for accuracy and independence. Appraisers can provide the timely, independent, and supported value opinions accountants and auditors need to help their clients.

When you are looking for an opinion of value, call on a designated member of the Appraisal Institute. Our members holding the MAI, SRPA or SRA designations have advanced knowledge, years of proven experience, and a commitment to strict ethics and standards.

Experienced Appraisal Institute designated members who provide valuation for accounting and financial reporting can help accountants and auditors serve their clients. They have the ability to address matters in which real estate valuation plays a critical role, including:

  • Business combinations
  • Lease analysis
  • Impairment analysis
  • Liquidation valuation
  • Valuation for financial reporting
  • Valuation of entities held off balance sheet
  • Appraisal reviews
  • Date of death valuations
  • Purchase price allocation
  • Determination of useful lives
  • Residual values

Knowledge, Experience, Integrity: Consult our online Directory of Designated and Associate Members for appraisers who can support your litigation needs.

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Appraisal Institute also offers corporate training opportunities. Click here for details.


Appraisal Institute Resources for Appraisers and Accountants
 
Books
Dictionary of Real Estate Appraisal, 4th ed.
Appraisal of Real Estate, 12th ed.
Business Enterprise Value Anthology
Appraising the Appraisal: The Art of Appraisal Review
Historic Properties
Valuing Undivided Interests in Real Property
 
Continuing Education Seminars
Overview of Real Estate Appraisal Principles
Feasibility Analysis, Market Value and Investment Timing: Introducing the Impact of Option Value
Scope of Work – Expanding Your Range of Services
Case Studies in Limited Partnership and Common Tenancy Valuation
 
Key Web sites for Appraisers and Accountants
AICPA Toolkit: Auditing Fair Value Measurements and Disclosures [PDF file]
American Institute of Certified Public Accountants
The Appraisal Foundation
Financial Accounting Standards Board
International Accounting Standards Board
International Valuation Standards Committee
Public Company Accounting Oversight Board
Securities and Exchange Commission