1. Critically review advanced techniques of valuation for special properties
|
|
- Jemimah Rich
- 5 years ago
- Views:
Transcription
1 TITLE Advanced Valuation Techniques MODULE CODE C LEVEL 6 CREDITS 20 JACS CODE N234 DEPARTMENT Natural and Built Environment SUBJECT GROUP Construction & Quantity Surveying MODULE LEADER DATE OF APPROVAL 16/17 July 2014 MODULE DESCRIPTOR MODULE AIM This module presents advanced techniques in valuation for application to complex properties or properties under special circumstances. The module serves to enhance skills in applying concepts, principles and techniques to appraise development and determine values of properties, plant and machinery, reclaimed and contaminated land, and land with easements and rights of ways. The module is situated within a UK context. The module seeks to: 1. Critically review advanced techniques of valuation for special properties 2. Provide exposure to the application of advanced techniques in special properties such as easement and right of ways, contaminated land, reclaimed land, plant and machinery, privatisation and joint venture. MODULE LEARNING OUTCOMES By engaging successfully with this module a student will be able to: LO Ref Learning Outcome 1 Explain the circumstances rendering valuation of special properties 2 Determine relevant valuation techniques used for special properties 3 Appraise the market value of special properties such as easement and right of ways, contaminated land, reclaimed land, plant and machinery, privatisation and joint venture
2 INDICATIVE CONTENT The module content addresses the following: Privatisation and joint venture - history of privatisation - introduction of privatisation - Three essential components - Objectives of privatisation - Methods of Privatisation 1. Sale of assets or equity 2. lease of assets 3. management contracts 4. concession a. Built-operate-transfer (BOT) b. Build-operate (BO) c. Build-operate-own (BOO) 5. Corporatisation 6. Joint Ventures - Policy of Privatisation - Returns from privatisation projects 1. Return in cash 2. Return in kind - Common approaches adopted 1. Land Value + % of profit sharing from proposed development before tax 2. Lease value for specified term 3. Lease value + % of profit sharing from proposed development before tax 4. Lease value + % of profit sharing from operation before tax (Project implementation as business operation) - Terms and agreements of privatization projects - Three basis of Valuation:- 1. Existing use basis 2. Highest and best use 3. Value based on developer s proposal - Three method of Valuation:- 1. Comparison method (including residual method) 2. Income method 3. Cost method - Return to government/land Owner - Conditions during valuation of on-going business - Complexity and problems - Content of proposed development report 1. Introduction 2. Description of proposed project site 3. Proposed development/project:- a. Terms of financial proposal 4. Implementation of programme 5. Feasibility study: a. Development cost b. Revenue c. Gross profit d. Project returns 6. Market Study 7. Valuation report (based of proposed development, plans and construction schedule) 8. Company s profile Valuation of Plant and Machinery - Definition of Plant and Machinery - Practice of Plant and Machinery - Differentiate between building fitting and fixture with plant and machinery
3 - Indentified three main categories:- 1. Landlord s fixture and fitting 2. Plant and machinery 3. Borderline items - Role and function of valuer in the valuation of plant and machinery - Purpose of valuation for plant and machinery - Basis of valuations:- 1. Going concern or market value (value-in-use) 2. Insurance value/indemnity 3. Liquidation value (forced sale auction realizable value) 4. Scrap value/salvage value 5. Antique value - Reviews PME based on MVS and IVS - Types and classes for plant and machinery 1. Production machinery 2. Support Equipment 3. Motor control centre and switch gear 4. Power wiring 5. Process piping 6. Foundation 7. Structural Support 8. Material handling and storage equipment 9. General plant equipment 10. Rolling stock 11. Laboratory and test equipment 12. Office furniture, fixture and equipment 13. Computer equipment 14. Tools and special tooling - Method of computing depreciation:- 1. Observed deterioration 2. Straight line deterioration 3. Decline and balance deterioration - Working schedule and matters to be considered:- 1. Identified of plant and machinery 2. Field inspection 3. Transcription/Description of plant and machinery 4. Price research and pricing 5. Determine obsolescence/depreciation (physical condition) 6. Application of valuation techniques Techniques of Valuation for Plant and Machinery 1. Comparison method 2. Cost method 3. Investment method:- a. Point of view of lessee b. Point of view lessor c. Term and reversion 4. Profit method Easements and right of way - Definition of easement and right of way - Ownerships of an easement - Usage of an easement - Causes of an easement - Effect of easement in property value - Compensation of an easement - Ways that easement can be created Ways to terminate easement
4 Advanced Valuation (Contaminated Land) - Introduction - Type of contaminate:- a. Seriously contaminated (Unmarketable) b. Mildly contaminated (Limited marketability) - Category of contaminated land - Causes of contaminated land - Effects of contaminated land - Value influencing factors:- a. Costs of cleanup b. Liability to the public c. Stigma after cleanup - Type of Stigma - Issue of Stigma - Main cost factors needed to be calculated 1. Direct costs 2. Indirect cost 3. Property costs - Steps to value contaminated land a. Site investigation b. Desk study - Valuation methods a. Sales comparison approach b. Income approach - Valuation techniques a. Discounting the market value b. Before and after method c. Market value (cleanup cost) d. Going concern value (mild condition) Going concern value (severely contaminated condition) Advance Valuation (Land Reclamation) - Introduction - Examples on Land Reclamation (Disused irrigation pool, disused dock, extensive cellar area, and etc.) - Notable Examples (Washington, D.C., Monaco and the British territory of Gibraltar, the southern Chinese cities of Hong Kong and Macau) - Reasons of Land Reclamation - Benefits of Land Reclamation:- 1. Land Oriented Benefits 2. Water Oriented Benefits LEARNING, TEACHING AND ASSESSMENT STRATEGY AND METHODS Students will be supported in their learning, to achieve the learning outcomes, in the following ways: students will be provided with a blended teaching approach which includes ongoing face-toface teaching activities, such as lectures, seminars, workshops, etc. These sessions will enable tutor-student interaction, discussion and in-class reflection, teaching activities will be supported and enhanced through the use of a range of e-learning tools within a Virtual Learning Environment. Specifically, Blackboard will provide full access to module guides, teaching materials, reading lists, assessment information and activities, and a full range of other online resources and links, face-to-face tutorial support will be provided to enhance student engagement and understanding, a module handbook will be made available at the start of the module. This will detail the module's aims, learning outcomes, assessment, marking criteria, methods of feedback, learning and teaching methods and strategy, and key reading lists and relevant any online information.
5 formative and summative activities, tasks and feedback will be provided within the module to support and develop student's academic, personal and professional development. ASSESSMENT DESCRIPTION Assessment is based on applied case study coursework (50%) and an examination (50%). The examination and coursework will both address issues and practices related to advanced valuation in a UK context. ASSESSMENT PATTERN - TASK INFORMATION (STANDARD ASSESSMENT MODEL) Task No. Description of Assessment Task Task Weighting % Word Count or Exam Duration Subtasks Y/N IMR Y/N Final Task Y/N 1 Report 50% 3000 N N N 2 Examination 50% 2 hours N N N FEEDBACK TO STUDENTS Students will receive feedback on their performance in the following ways: both formative and summative feedback will be made available within the delivery of the module to support student learning, the approach to feedback will adhere to the Faculty Feedback Policy. formative feedback will provide opportunity for students to develop academic, personal and professional development summative feedback will be clearly linked to the assessment criteria which will be made available with the dissertation handbook and made available on Blackboard. LEARNING RESOURCES FOR THIS MODULE (INCLUDING READING LISTS) Full electronic reading lists and the identification and access to other related learning resources (which could include lecture slides, seminar/workshop activities, internet links) will be identified within the Module Blackboard site. Main references supporting the module Askham P (2003). Valuation Special Properties and Purposes, London: Estate Gazette, London. Derry,C (2007). Valuation of Plant and Machinery Handbook, College and Estate Management International Valuation Stardards Council, (2011). The International Valuation Standards, International Valuation Standards Council. The Board of Valuers, Appraisers and Estate Agents, (2006). Malaysian Valuation Standards, The Board of Valuers, Appraisers and Estate Agents Malaysia.
6 Additional references supporting the module Baum, A, Nunnington N & Mackmin D (2011). The Income Approach to Property Valuation, 6 th edn, Estate Gazette, London. Fischer D (2000). Property Valuation Methodology, Swan Press Geltner D and Miller N (2001). Commercial Real Estate Analysis and Investments, Thomson Larsen, JE (2003) Real Estate Principles & Practices, John Wiley Millington, A (2008). Introduction to Property Valuation, 6 th edn, Estate Gazette, London. Richmond, D (1994). An Introduction to Valuation, 3 rd edn, Palgrave Macmillan Shilling, J D (2002). Real Estate, 13 th edn, Prentice- Hall MODULE STUDY HOURS Module Study Hours - Breakdown of Hours by Type Scheduled Learning and Teaching Activity type Hours by type KIS category Lecture 24 Seminar Tutorial 12 Project supervision Demonstration Practical classes and workshops 12 Supervised time in studio/workshop Fieldwork External visits Scheduled Learning and Teaching Activities sub-total 48 Guided Independent Study 152 Independent Placement (Not SW year - see KIS definitions) Placement Work-based Learning (see KIS definitions) Placement Year Abroad (see KIS definitions) Placement Total Number of Study Hours (based on 10 hours per credit) 200 CHECKED Date October 2015 Reason Checked Against SI - correct
MODULE LEARNING OUTCOMES - The TAR UC module delivers to the appropriate level as follows:
MODULE DESCRIPTOR TITLE Investment Valuation MODULE CODE BTEM2044 77-5472-T0S CONFIRM LEVEL 16 CONFIRM CREDITS 20 DATE OF APPROVAL 16-17 July 2014 MODULE AIM This module aims to develop knowledge and practice
More informationMODULE SPECIFICATION UNDERGRADUATE PROGRAMMES KEY FACTS. Real Estate Finance and Funding
MODULE SPECIFICATION UNDERGRADUATE PROGRAMMES KEY FACTS Module name Real Estate Finance and Funding Module code FR3202 School Cass Business School Department or equivalent UG Programme UK credits 15 ECTS
More informationDetailed competency map: Knowledge requirements. (AAT examination)
Detailed competency map: Knowledge requirements (AAT examination) Fields of competency The items listed are shown with an indicator of the minimum acceptable level of competency, based on a three-point
More informationCourse outline. Code: PED210 Title: Principles of Property Valuation
Course outline Code: PED210 Title: Principles of Property Valuation Faculty of Arts, Business and Law School of Business Teaching Session: Semester 1 Year: 2017 Course Coordinator: Dr Steven Boyd Office:
More information8. Intended Learning Outcomes of Course: At the end of the course each student should have the ability to demonstrate and/or work with:
Course Specification Course Code: Session: UBAR102 2017/2018 1. Course Title: Architectural Technology 1 Version 2. Date of Production/ Revision: Date of Approval 1.1 February 2018 February 2018 3. Level:
More informationRelease: 1. CPPDSM4011A List property for lease
Release: 1 CPPDSM4011A List property for lease CPPDSM4011A List property for lease Modification History Not Applicable Unit Descriptor Unit descriptor This unit of competency specifies the outcomes required
More informationCertificate in Commercial Real Estate
Certificate in Commercial Real Estate Duration: 9 months Price: 1,465 + VAT (members), 1,745 + VAT (non-members) Course Summary Commercial real estate serves a vast array of purposes, supporting public
More informationCourse Income Approach To Value. Course Description
Course 102 - Income Approach To Value Course Description The Income Approach to Valuation is designed to provide the students with an understanding and working knowledge of the procedures and techniques
More informationRecognition of Prior Learning (RPL) Application NSW
NSW Real Estate Training College PO Box 601, Hornsby NSW 2077 Phone: 02 9987 2322 Fax 02 9479 9720 rpl@realestatetraining.com.au www.realestatetraining.com.au Recognition of Prior Learning (RPL) Application
More informationRequirements for International Standards in Valuation & Surveying
Requirements for International Standards in Valuation & Surveying Jonathan Harris CBE DLitt(Hon), FRICS, FInstCPD, CRE President of RICS 2000-2001 Member of REM Glossary of Terms for International Valuation
More informationIntangibles CHAPTER CHAPTER OBJECTIVES. After careful study of this chapter, you will be able to:
CHAPTER Intangibles CHAPTER OBJECTIVES After careful study of this chapter, you will be able to: 1. Explain the accounting alternatives for intangibles. 2. Record the amortization or impairment of intangibles.
More informationLAW OF SALE AND LEASE 2017
LAW OF SALE AND LEASE 2017 The Law of Sale and Lease is a penultimate-year LLB credit. The two subject areas divide the course, with Sale being offered in term 1, and Lease in term 2. For the purposes
More informationHow to Read a Real Estate Appraisal Report
How to Read a Real Estate Appraisal Report Much of the private, corporate and public wealth of the world consists of real estate. The magnitude of this fundamental resource creates a need for informed
More informationSection: FS Financial Services. Department: Finance. FS-03 Tangible Capital Asset Policy. Policy Statement LEDUC COUNTY MUNICIPAL POLICY
FS-03 Tangible Capital Asset Policy Policy Statement Any object purchased for use by the County whose individual cost is less than the threshold and with a life span of less than one year shall not be
More informationBUSI 452 Case Studies in Appraisal II
BUSI 452 Case Studies in Appraisal II PURPOSE AND SCOPE The Case Studies in Appraisal II course (BUSI 452) is a continuation of BUSI 442. This course is intended to introduce further practical applications
More informationInternational Financial Reporting Standards. Sample material
International Financial Reporting Standards Sample material Always in context guiding you all the way with summaries key points, diagrams and definitions REVENUE RECOGNITION CHAPTER CONTENTS The provisions
More informationReal Estate Finance K. S. Maurice Tse The University of Hong Kong Fall
Real Estate Finance K. S. Maurice Tse The University of Hong Kong Fall 2018 E-mail: ktse@hku.hk Class hours: 9:30am-12:20pm (Monday) Venue: CYPP2 Demonstrator: Vivian CHEUNG Introduction Real Estate represents
More informationPart 1. Estimating Land Value Using a Land Residual Technique Based on Discounted Cash Flow Analysis
Table of Contents Overview... v Seminar Schedule... ix SECTION 1 Part 1. Estimating Land Value Using a Land Residual Technique Based on Discounted Cash Flow Analysis Preview Part 1... 1 Land Residual Technique...
More informationPELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS INCOME PROPERTY VALUATION REA 1950
PELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS INCOME PROPERTY VALUATION REA 1950 Class Hours: 3.0 Credit Hours: 3.0 Laboratory Hours: 0.0 Date Revised: Fall 05 NOTE: This course is not
More informationpropertymark QUALIFICATIONS LEVEL 3 AWARD IN COMMERCIAL PROPERTY AGENCY (ENGLAND, WALES AND NORTHERN IRELAND) QUALIFICATION SPECIFICATION
propertymark QUALIFICATIONS LEVEL 3 AWARD IN COMMERCIAL PROPERTY AGENCY (ENGLAND, WALES AND NORTHERN IRELAND) QUALIFICATION SPECIFICATION LIVE FROM JANUARY 2018 ABOUT PROPERTYMARK QUALIFICATIONS Propertymark
More informationCourse Descriptions Real Estate and the Built Environment
CMGT REAL XRCM Construction Management Courses Real Estate Courses Executive Master Online Courses CMGT 4110 PreConstruction Integration & Planning CMGT 4120 Construction Planning & Scheduling This course
More informationFINA0805/FINA2382 Real Estate Finance K. S. Maurice Tse The University of Hong Kong Spring
THE UNIVERSITY OF HONG KONG FACULTY OF BUSINESS AND ECONOMICS School of Economics and Finance FINA0805/FINA2382 Real Estate Finance K. S. Maurice Tse The University of Hong Kong Spring 2014 E-mail: ktse@hku.hk
More informationPreface Who Should Read This Book 3 Organization and Content 4 Acknowledgments 5 Contacting the Author 5 About the Author 6
Preface.................................................................... 3 Who Should Read This Book 3 Organization and Content 4 Acknowledgments 5 Contacting the Author 5 About the Author 6...........................................................
More informationconcepts and techniques
concepts and techniques S a m p l e Timed Outline Topic Area DAY 1 Reference(s) Learning Objective The student will learn Teaching Method Time Segment (Minutes) Chapter 1: Introduction to Sales Comparison
More informationReport of the RIBA visiting board to the University of Hong Kong
Royal Institute of British Architects Report of the RIBA visiting board to the University of Hong Kong Faculty of Architecture Date of visiting board: 14/15 May 2015 Confirmed by RIBA Education Committee:
More informationCourse Specification. Course Code: TBC. 1. Course Title: History of Architecture and Urban Studies (HAUS) Academic Session: 2011/12
Course Specification Course Code: TBC 1. Course Title: History of Architecture and Urban Studies (HAUS) 3 2. Academic Session: 2011/12 3. Level: SCQF 8 4. Credits: 20 5. Lead School/Board of Studies: Mackintosh
More information-SQA-SCOTTISH QUALIFICATIONS AUTHORITY. Hanover House 24 Douglas Street GLASGOW G2 7NQ NATIONAL CERTIFICATE MODULE DESCRIPTOR
-SQA-SCOTTISH QUALIFICATIONS AUTHORITY Hanover House 24 Douglas Street GLASGOW G2 7NQ NATIONAL CERTIFICATE MODULE DESCRIPTOR -Module Number- 0082507 -- -Superclass- AC -Title- HOUSING ADMINISTRATION 1
More informationThe joint leases project change is coming
No. 2010-4 18 June 2010 Technical Line Technical guidance on standards and practice issues The joint leases project change is coming What you need to know The proposed changes to the accounting for leases
More informationCourse handbook MSc in Real Estate MSc in Real Estate Investment
Course handbook MSc in Real Estate MSc in Real Estate Investment September 2012 Contents Section 1 Course Directors Welcome... 1 Section 2 Programme Information... 2 Programme Aims... 2 Programme Structure...
More informationPolicy Title ACCOUNTING FOR TANGIBLE CAPITAL ASSETS
Department Administration ACCOUNTING FOR TANGIBLE CAPITAL ASSETS Date: October 13, 2011 1 of 6 Resolution No. C/627/11 Policy Statement: This policy prescribes the accounting treatment for tangible capital
More informationTOWN OF LINCOLN COUNCIL POLICY
Page 1 of 10 PURPOSE The purpose of this policy is to prescribe the accounting treatment for tangible capital assets so that users of the financial report can discern information about the investment in
More informationCourse Number Course Title Course Description
Johns Hopkins Carey Business School Edward St. John Real Estate Program Master of Science in Real Estate and Course Descriptions AY 2015-2016 Course Number Course Title Course Description BU.120.601 (Carey
More informationUNIVERSITY OF MUMBAI
UNIVERSITY OF MUMBAI AC 4-3-2014 Item No. 4.47 Syllabus for the Bachelor of Architecture Programme : B.Arch. Bachelor of Architecture (Semester IX& X ) (As per Credit Based Semester and Grading System
More informationCornerstone 2 Basic Valuation of Machinery and Equipment
INSTITUTE FOR PROFESSIONALS IN TAXATION PERSONAL PROPERTY TAX SCHOOL Cornerstone 2 Basic Valuation of Machinery and Equipment Learning Objectives At the end of this section, the learner will be able to:
More informationReal Estate, Planning and Regeneration MSc Programmes
Real Estate, Planning and Regeneration MSc Programmes 2018/19 Urban Studies School of Social and Political Sciences Click here to return to REPR webpage OVERALL STRUCTURE FOR REAL ESTATE, PLANNING AND
More informationCPPDSM4003A Appraise property
CPPDSM4003A Appraise property Unit descriptor Employability skills Prerequisite units Application of the unit Competency field Unit sector This unit of competency specifies the outcomes required to appraise
More informationExhibition sectors. 1. Real estate investment 1.1 Investment management companies (open and closed-end funds)
Exhibition sectors Save the date EXPO REAL 2018 Date: Oct 8-10, 2018 EXPO REAL opens up to you the entire spectrum of the real estate industry in one place. Gather information about the entire life cycle
More informationCORPORATION OF THE TOWNSHIP OF LEEDS AND THE THOUSAND ISLANDS BY-LAW
CORPORATION OF THE TOWNSHIP OF LEEDS AND THE THOUSAND ISLANDS BY-LAW 16-025 BEING A BY-LAW TO ADOPT A TANGILBLE CAPITAL ASSET POLICY FOR THE TOWNSHIP OF LEEDS AND THE THOUSAND ISLANDS. WHEREAS Section
More informationChapter 11 Investments in Noncurrent Operating Assets Utilization and Retirement
Chapter 11 Investments in Noncurrent Operating Assets Utilization and Retirement 1. The annual depreciation expense 2. The depletion of natural resources 3. The changes in estimates and methods in the
More informationProgramme Specification for BA (Hons) Architecture FT + PT 2009/2010
Programme Specification for BA (Hons) Architecture FT + PT 2009/2010 Teaching Institution: London South Bank University Accredited by: The Royal Institute of British Architects Full validation of the BA(Hons)
More informationMass appraisal Educational offerings and Designation Requirements. designations provide a portable measurement of your capabilities
Mass appraisal Educational offerings and Designation Requirements designations provide a portable measurement of your capabilities WE are IAAO International Association of Assessing Officers We re a professional
More informationHeiwa Real Estate Co., Ltd.
To the Shareholders of Heiwa Real Estate Co., Ltd. INFORMATION DISCLOSED ON THE INTERNET UPON ISSUING NOTICE CONCERNING THE CONVOCATION OF THE 94th ORDINARY GENERAL SHAREHOLDERS MEETING THE 94th FISCAL
More informationTransit-Oriented Development Specialized Real Estate Services
COLLIERS INTERNATIONAL Transit-Oriented Development Specialized Real Estate Services Accelerating success. Colliers International transit-oriented development GROUP P. 1 2 transit-oriented development
More informationFINA2382 Real Estate Finance K. S. Maurice Tse The University of Hong Kong Spring
FINA2382 Real Estate Finance K. S. Maurice Tse The University of Hong Kong Spring 2014 E-mail: ktse@hku.hk Class hours: Demonstrator: Monday 9:30 am 12:20 am (LE1) Mr. Leo Zhang Introduction Real Estate
More informationWYOMING DEPARTMENT OF REVENUE CHAPTER 7 PROPERTY TAX VALUATION METHODOLOGY AND ASSESSMENT (DEPARTMENT ASSESSMENTS)
CHAPTER 7 PROPERTY TAX VALUATION METHODOLOGY AND ASSESSMENT (DEPARTMENT ASSESSMENTS) Section 1. Authority. These Rules are promulgated under the authority of W.S. 39-11-102(b). Section 2. Purpose of Rules.
More informationChapter 3 Business Valuation Report
CHAPTER 3: BUSINESS VALUATION REPORT Chapter 3 Business Valuation Report A1. Pre-IPO Valuation Need Company Restructuring and Financing It is not unusual that companies undergo series of restructuring
More informationRoyal Institute of British Architects. Report of the RIBA visiting board to Coventry University
Royal Institute of British Architects Report of the RIBA visiting board to Coventry University Date of visiting board: 22 & 23 November 2018 Confirmed by RIBA Education Committee: 19 February 2019 1 Details
More informationASA MTS CANDIDATE REPORT REVIEW CHECKLIST INSTRUCTIONS (Effective as of January 01, 2018) Basic Report Requirements and General Report Quality
ASA MTS CANDIDATE REPORT REVIEW CHECKLIST INSTRUCTIONS (Effective as of January 01, 2018) Basic Report Requirements and General Report Quality This checklist was designed to be a useful resource tool by
More informationIAG Conference Accounting Update Emerging issues in the public sector 20 November 2014 Michael Crowe Yannick Maurice
www.pwc.com.au IAG Conference Accounting Update Emerging issues in the public sector 20 November 2014 Michael Crowe Yannick Maurice Agenda Introduction Key topics o Fair value o PPP Projects Refinancing
More informationBUSI 352 Learning Objectives
BUSI 352 Learning Objectives Purpose and Scope of the Course The Case Studies in Residential Appraisal course (BUSI 352) explores the depth and breadth of knowledge around the valuation of residential
More informationChapter 8 VALUATION OF AND INFORMATION ON PROPERTIES. Definitions
Chapter 8 VALUATION OF AND INFORMATION ON PROPERTIES Definitions 8.01 In this Chapter:- (1) carrying amount means, for an applicant, the amount at which an asset is recognised in the most recent audited
More informationMARKET VALUE BASIS OF VALUATION
4.2 INTERNATIONAL VALUATION STANDARDS 1 MARKET VALUE BASIS OF VALUATION This Standard should be read in the context of the background material and implementation guidance contained in General Valuation
More informationTangible Capital Assets Implementation of Section 3150 New Brunswick Local Governments. October 2010
Tangible Capital Assets Implementation of Section 3150 New Brunswick Local Governments October 2010 Agenda Review of the Inventory template Review of the Guide Identification of assets Costing of assets
More information(a) Assets arising from construction contracts (see Section 23 of FRS 102, Revenue); and
Impairment of assets 14.1 This section sets out the considerations for social landlords in assessing impairment of assets, which is dealt with in Section 27 of FRS 102, Impairment of Assets. 14.2 Social
More informationReal Estate Appraisal / Finance 322 Spring, 2011
Instructor: Office: / Spring, 2011 Rich Hall Finance Dept. / 134 Rehn Hall 6:30 PM - 7:00 PM Tuesday or any time by appointment. Rehn Hall Room 134 (Finance Office) 453-2459 email: hallr@siu.edu / 529-5500
More information(ii) Particulars of land sales used: Date of sale Sale price** Address of property Land sales not used in analysis with reason code** (iii) (iv)
Issue by Methodology Documents, Studies or Information Subject to Disclosure Party Responsible and Timing of Disclosure 1 COST APPROACH (a) Land Value Particulars relating to land value by market area
More informationIFRS Training. IAS 38 Intangible Assets. Professional Advisory Services
IFRS Training IAS 38 Intangible Assets Table of Contents Section 1 Overview 2 Introduction to Intangible Assets 3 Recognition and Initial Measurement 4 Internally Generated Intangible Assets 5 Measurement
More informationUniversity of Nizwa / Dept. of Architecture / ARCH 506: Building Specification & Estimation / VALUATION / Ravishankar. KR / 5, January 2011.
Property Valuation Building Estimation and Costing Building Estimation and Costing Building Estimation and Costing is a vital part of Civil Engineering. No project can begin without the total Building
More informationJOB DESCRIPTION MANAGEMENT EXCLUSION
1. Position No. Various 2. Descriptive Working Title SENIOR DEVELOPMENT MANAGER JOB DESCRIPTION MANAGEMENT EXCLUSION 3. Present Classification Excluded Mgmt 4. Branch DEVELOPMENT AND ASSET 5. Department
More informationVALUATION REPORTING REVISED Introduction. 3.0 Definitions. 2.0 Scope INTERNATIONAL VALUATION STANDARDS 3
4.4 INTERNATIONAL VALUATION STANDARDS 3 REVISED 2007 1.0 Introduction 1.1 The critical importance of a Valuation Report, the final step in the valuation process, lies in communicating the value conclusion
More informationBusiness Real Estate and Escrow
This program is designed to provide the student with the comprehensive knowledge needed to enter or invest in the real estate industry. A progressively challenging course curriculum starts with the Principles
More informationRoyal Institute of British Architects. Report of the visiting board to the RIBA Advanced Diploma in Professional Practice in Architecture (Part 3)
Royal Institute of British Architects Report of the visiting board to the RIBA Advanced Diploma in Professional Practice in Architecture (Part 3) Date of visiting board: 08/09 December 2016 Confirmed by
More informationEC 3225 REAL ESTATE ECONOMICS LEVEL 5 UK CREDITS: 15 (Updated Spring 2015) EC 1000 Principles of Microeconomics EC 1101 Principles of Macroeconomics
DEREE COLLEGE SYLLABUS FOR: EC 3225 REAL ESTATE ECONOMICS LEVEL 5 UK CREDITS: 15 (Updated Spring 2015) PREREQUISITES: EC 1000 Principles of Microeconomics EC 1101 Principles of Macroeconomics CATALOG DESCRIPTION:
More informationIFRS : Where do we stand? Planned changes 2012 and beyond
International Financial Reporting Standards IFRS : Where do we stand? Planned changes 2012 and beyond Philippe DANJOU Board Member Warsaw, December 6, 2012 The views expressed in this presentation are
More informationCertificate in Financial Management
Certificate in Financial Page 1 of 11 Why Attend Most strategic and operational business decisions rely on a fundamental knowledge of financial management. Speaking and understanding the language of finance
More informationUniversity Cooperation with the Local Palestinian Industry: Example of Faculty of Engineering at Birzeit University
University Cooperation with the Local Palestinian Industry: Example of Faculty of Engineering at Birzeit University Ahmed Abu Hanieh, Ph.D 1 and Afif Hasan, Ph.D 2 1 Mechanical and Mechatronics Engineering
More informationPropertymark Qualifications: Level 2 Award in Introduction to Residential Property Management Practice (England & Wales) Qualification Specification
Propertymark Qualifications: Level 2 Award in Introduction to Residential Property Management Practice (England & Wales) Qualification Specification Propertymark Qualifications Live from January 2017 ABOUT
More informationDEPARTMENT OF BUSINESS AND OFFICE ADMINISTRATION COURSE OUTLINE FALL 2017
DEPARTMENT OF BUSINESS AND OFFICE ADMINISTRATION COURSE OUTLINE FALL 2017 BA 2310 FOUNDATIONS OF REAL ESTATE APPRAISAL 3 (3-0-1) 60 Hours INSTRUCTOR: Jeff Nutting PHONE: (780) 539-2819 OFFICE: C423 E-MAIL:
More informationNon-current Assets. Prof.(FH) Dr. Walter Egger
Non-current Assets Prof.(FH) Dr. Walter Egger IAS 38 Intangible Assets Intangible Asset Is an identifiable non-monetary asset without physical substance Identifiability Seperable (can be seperated, divided
More informationUK Housing Awards 2011
UK Housing Awards 2011 Excellence in Housing Finance and Development: Finalist North Lanarkshire Council: Building For The Future Summary North Lanarkshire Council has been proactive in establishing, developing
More informationCOURSE OUTLINE. Department of Geoinformation Faculty of Geoinformation and Real Estate. of 6
1 Lecturer : Sr Dr. Tan Liat Choon Rome No. : C03-312-A Tel. No. : 07-5530844, 016-4975551, web:http://fght.utm.my/tlchoon Email : tlchoon@utm.my; tanliatchoon@gmail.com Synopsis : The main objective of
More informationCALIFORNIA POLYTECHNIC STATE UNIVERSITY SAN LUIS OBISPO GIFT-IN-KIND ( GIK ) ACCEPTANCE PROCEDURES
CALIFORNIA POLYTECHNIC STATE UNIVERSITY SAN LUIS OBISPO GIFT-IN-KIND ( GIK ) ACCEPTANCE PROCEDURES DEFINITIONS Accounting Standards are financial accounting rules that regulate the manner in which GIK
More informationSUMMER VILLAGE OF YELLOWSTONE ACCOUNTING FOR TANGIBLE CAPITAL ASSETS CLASSIFICATION/CAPITALIZATION THRESHOLD/AMORTIZATION POLICY NO.
RESPONSIBILITY: C.A.O. APPROVED BY COUNCIL: DATE: September 16, 2009 PURPOSE: The objective of this policy is to prescribe the accounting treatment for tangible capital assets so that users of the financial
More informationAppraisal Licensing & Continuing Education Guiding you to success. JANUARY DECEMBER
NEW MEXICO Appraisal Licensing & Continuing Education Guiding you to success. 2019 JANUARY DECEMBER Interested in an APPRAISAL CAREER? While many appraisers enjoy the benefits of self-employment, positions
More informationRoyal Institute of British Architects. Report of the RIBA visiting board University of Bath
Royal Institute of British Architects Report of the RIBA visiting board Date of visiting board: 09/10 October 2014 Confirmed by RIBA Education Committee: 10 June 2015 1 Details of institution hosting course/s
More informationD DAVID PUBLISHING. Mass Valuation and the Implementation Necessity of GIS (Geographic Information System) in Albania
Journal of Civil Engineering and Architecture 9 (2015) 1506-1512 doi: 10.17265/1934-7359/2015.12.012 D DAVID PUBLISHING Mass Valuation and the Implementation Necessity of GIS (Geographic Elfrida Shehu
More informationPreface Table of Contents Chapter 1: Overview of the Liquor Store Industry... 13
Preface.................................................................... 3 Who Should Read This Book 3 Organization and Content 4 Chapter 4: Liquor Store Business Valuation 4 Acknowledgments 5 Contacting
More informationProposed New Accounting Standards For Leases
Relationships backed by performance. Proposed New Accounting Standards For Leases Doug Richardson Live Seminar 9:00am 10:30am June 21 2012 Overview and Background Leases serve a vital role in many entities
More informationINDEPENDENT AUDITOR S REPORT
INDEPENDENT AUDITOR S REPORT TO THE SHAREHOLDERS OF KERRY PROPERTIES LIMITED (incorporated in Bermuda with limited liability) OPINION What we have audited The consolidated financial statements of Kerry
More informationSCOPE OF SERVICES Appraisal Consultant Services For SR 710/Beeline Highway FM
SCOPE OF SERVICES Appraisal Consultant Services For SR 710/Beeline Highway FM 2298961 This project will be divided into two separate groups of parcels, identified as Group A and Group B. The specific parcel
More informationAI General Demonstration Grading Sheet
AI General Demonstration Grading Sheet Traditional Report - Fundamental Market Analysis Option Account # Candidate Subject Property Address Grader Date Mailed to Grader Original Submission If original
More informationCOUNCIL POLICIES AND PROCEDURES SECTION - H MISCELLANEOUS. SUBJECT: Tangible Capital Assets Policy Number H-21
COUNCIL POLICIES AND PROCEDURES SECTION - H MISCELLANEOUS SUBJECT: Tangible Capital Assets Policy Number H-21 APPROVAL DATE: March 10, 2010 1.0 PREAMBLE It is the Policy of the Municipality of the District
More informationSOFTWARE ARCHITECTURE. Semester II (Computer Engineering) SUB CODE: MECE202. Evaluation Scheme L T P Total Credit Theory Mid Sem Exam
TEACHING SCHEME (Credits and Hours): Teaching scheme SOFTWARE ARCHITECTURE Semester II (Computer Engineering) SUB CODE: MECE202 Total Evaluation Scheme L T P Total Credit Theory Mid Sem Exam CIA Pract.
More informationAccounting for Tangible Capital Assets
Accounting for Tangible Capital Assets Date Approved by Board: 2011.11.17 Resolution No.: 11-113 2016.05.19 16-048 Lead Role: CFO Replaces: N/A Last Review Date: N/A Next Review Date: 2019.05.19 Policy
More information4/10/2012. Long-Lived Assets and Depreciation. Overview of Long-lived Assets. Learning Objectives (LO) Learning Objectives (LO)
Learning Objectives (LO) CHAPTER Long-Lived Assets and Depreciation 8 After studying this chapter, you should be able to 1. Distinguish a company s expenses from expenditures that it should capitalize
More informationChapter 9 - REPORTING AND ANALYZING LONG-LIVED ASSETS
Revised Summer 2018 Chapter 9 Review 1 Chapter 9 - REPORTING AND ANALYZING LONG-LIVED ASSETS LO 1: Explain the accounting for plant asset expenditures. Plant Assets (Also known as Property, Plant, and
More informationSwift Academies Assets & Disposal Policy
Swift Academies Assets & Disposal Policy Accepted by: Board of Trustees March 2018 Approving Body : Board of Trustees Committee : Finance & Resources Review Cycle: 3 years Last reviewed: March 2018 Date
More informationRULES OF GEORGIA REAL ESTATE APPRAISERS BOARD TABLE OF CONTENTS
RULES OF GEORGIA REAL ESTATE APPRAISERS BOARD CHAPTER 539-1 SUBSTANTIVE REGULATIONS TABLE OF CONTENTS 539-1-.15 Experience Requirements. Amended. 539-1-.16 Appraiser Classifications and Their Education,
More informationThe Appraisal Foundation
The Appraisal Foundation The Real Property Appraiser Qualification Criteria and Interpretations of the Criteria Real Property Appraiser Qualification Criteria adopted February 16, 1994, effective January
More informationCapital Assets & Depreciation Policy
Capital Assets & Depreciation Policy Effective July 1, 2001 Revised 04/30/10, 06/30/12, 6/21/17 Objective To revise the College's capitalization thresholds for capital assets to ensure that capital assets
More informationCh.1 Sourcing Analysis.
Module 3. Value Enhancement Strategies. Ch.1 Sourcing Analysis. Edited by Dr. Seung Hyun Lee (Ph.D., CPM) IEMS Research Center, E-mail : lkangsan@iems.co.kr Make-or-Buy Analysis. Procedures For Make-or-Buy
More informationLeasehold Management Policy
UNCONTROLLED WHEN PRINTED Policy Contents 1 Aims and Objectives 2 Definitions 3 Legal and regulatory framework 4 Key aspects of service delivery 5 Monitoring 6 Staff Training 7 Review 8 Equality Impact
More informationLessor Example Performance Obligation Approach
Lessor Example Performance Obligation Approach **Disclaimer The exposure draft received nearly 700 letters of comment through the comment period ended December 15, 2010. There is some expectation that
More informationT HE REAL PROPERTY APPRAISER
October 2009 T HE REAL PROPERTY APPRAISER Q UALIFICATION CRITERIA AND INTERPRETATIONS OF THE CRITERIA REAL PROPERTY APPRAISER QUALIFICATION CRITERIA EFFECTIVE JANUARY 1, 2008 APPENDIX APPRAISER QUALIFICATIONS
More informationCENTER FOR PROFESSIONAL EDUCATION 9590 West 14 th Avenue Lakewood, CO (720)
CENTER FOR PROFESSIONAL EDUCATION 9590 West 14 th Avenue Lakewood, CO 80215 (720) 889-0797 Approved and Regulated by Division of Private Occupational Schools, Department of Higher Education, State of Colorado
More informationAppraiser Qualifications Board
Appraiser Qualifications Board Course Analysis Course Name Provider Date of Approval Course Expiration Date This detailed breakdown of the subject content of this course is provided by the AQB as part
More informationMember of Salahaddin University Campus design with Committee of architects
BIODATA / CURRICULUM VITAE Ausama Magid Omer Personal Information Adress : 65 Raparin district- Erbil city Contact Number: 07504491858 Nationality : Iraqi Race : Kurdish Material Status : Married Date
More information7829 Glenwood Avenue Canal Winchester, Ohio November 19,2013
7829 Glenwood Avenue Canal Winchester, Ohio 43110 614-920-1425 November 19,2013 Technical Director File Reference Number 2013-270 Financial Standards Accounting Board 401 Merritt 7 Norwalk, Connecticut
More informationIFRS 15. Revenue from Contracts with Customers. Presented by CPA Dr. Peter Njuguna
IFRS 15 Revenue from Contracts with Customers Presented by CPA Dr. Peter Njuguna Introduction Revenue is income from ordinary activities. A contract has rights and obligations between two or more parties.
More informationFinding AMP Content in the Missouri Courses
1 Finding AMP Content in the Missouri Courses AMP administers the real estate licensing exam in MO. They provide a Candidate Handbook that contains a content outline for the examination content. http://documents.goamp.com/publications/candidatehandbooks/morephandbook.pdf
More information