property

CIPFA can help public sector finance and property professionals deliver efficient asset management, and extract best value from public property assets.


Everything you need to know about indexation of asset valuations

By Chris Brain, CIPFA Construction and  Property Advisor

During recent conversations with local government finance and property practitioners, CIPFA has noticed that the indexation of valuations has started to be raised as an issue on a frequent basis, most often by auditors.

In CIPFA’s view it would be best to avoid indexation altogether, but if indexation is to be used, it should be approached with tremendous care. It should only be done where there is sufficient certainty that the transactions comprising any index are comparable to the asset valuation being adjusted, and where there are not contra-movements in other aspects of the valuation.

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More results relating to 'Property'

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Property Performance Indicators formerly NaPPMI

CIPFA has been running National Property Performance Management Initiative (NaPPMI) in partnership with National Best Value Benchmarking Scheme (NBVBS) since 2005 when the indicators were first established and endorsed by central government.

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Members

CIPFA is one of the leading professional accountancy bodies in the UK and the only one that specialises in the public services. We offer financial qualifications and levels of membership that suit both individuals and employers.

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