The Business Valuation Committee of the American Society of Appraisers (ASA) announces a new series of Special Topics-Technical Papers prepared by its technical issues sub-committee, according to a release from the ASA website.
These recommended best practices on special topic issues have been reviewed and approved by the Business Valuation Committee of ASA.
The first paper, Use of Offers as Indications of Value in the Market Approach, is available on the ASA website, with subsequent papers to follow.
“These papers are intended to represent the recommended approach according to the Business Valuation Committee of American Society of Appraisers,” the release said. “However, they do not constitute a standard and are not authoritative. Facts and circumstances could require the use of further professional judgment and a different approach.”
For more information, e-mail [email protected].