CEV DIGITAL LIBRARY

BEST PRACTICE FOR VALUERS: E-BOOK

BEST PRACTICE FOR VALUERS: E-BOOK

• A Best practice is a method or technique that has been generally accepted as superior to any alternatives because it produces results that are superior to those achieved by other means
• According to Investopedia; “Best practices are a set of guidelines, ethics or ideas that represent the most efficient or prudent course of action.
• Best practices standardize the most efficient and effective way to accomplish the desired outcome.
• Best practices can keep evolving as new and better solutions are found or evolve from better awareness, new technology, or simply different ways of looking at things.
The purpose of the Best Practices for Registered Valuers is :
• To promote and maintain high ethical and professional standards by setting out suggested/recommendatory practices to be followed in valuation assignments
• To ensure a uniform approach towards the working of the Registered Valuers ………

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