To read the full version of this content please select one of the options below:

The Australian Institute of Valuers and Land Economists discounted cash flow practice standard

Spike Boydell (University of Queensland, Gatton College, Queensland, Australia)
Stuart Gronow (Centre for Research in the Built Environment, University of Glamorgan, UK)

Journal of Property Valuation and Investment

ISSN: 0960-2712

Article publication date: 1 March 1997

Downloads
1240

Abstract

The Australian Institute of Valuers and Land Economists Incorporated introduced a mandatory discounted cash flow practice standard on 1 September 1996. Reviews the new standard, highlighting the strengths and weaknesses. Offers early constructive commentary for the refinement of the standard at its 12‐month review. As no such mandatory “practice standard” has yet emerged from the US Appraisal Institute or the UK Royal Institution of Chartered Surveyors, it is reasonable to assume that these bodies as well as their membership will view the Australian initiative with interest.

Keywords

Citation

Boydell, S. and Gronow, S. (1997), "The Australian Institute of Valuers and Land Economists discounted cash flow practice standard", Journal of Property Valuation and Investment, Vol. 15 No. 1, pp. 58-69. https://doi.org/10.1108/14635789710163810

Publisher

:

MCB UP Ltd

Copyright © 1997, MCB UP Limited