Certificate in Asset Valuation – London

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Event summary

The process of undertaking capital asset valuations for land and buildings in the local authority balance sheet is not easy. It is not something that a local authority valuer will be likely to have learned during their qualification process. As accounting regulations change, interpreting and keeping up to date with the various regulations and standards to ensure compliance can be a tricky and time-consuming task. Any misinterpretation can become embedded into locally accepted practice, making for an uncomfortable audit process.

This CIPFA Asset Valuation Certificate will provide you with a broad understanding of the requirements and process of undertaking local authority asset valuations for financial statements. It will take you through a series of four modules, from the background to why the valuations are carried out, the relevant rules and regulations and how these should be applied, and some of the valuation approaches that need to be deployed.

Further dates and locations are detailed below and the programme schedule can be downloaded for full event details and a booking form.

Date

Starts:
25 Apr 2017 10:00
Ends:
12 Sep 2017 16:30

Location

CIPFA Mansell Street
77 Mansell Street
London
E1 8AN
[See map]

Standard price

£1,600.00 excl VAT

Network Member Price

£1,400.00 excl VAT

*the event has started.

About this event

This course will help you in:

  • undertaking local authority asset valuations
  • overseeing local authority asset valuations undertaken by members of your team or by external valuers, and
  • commissioning your asset valuation programme.

By attending this course you will be able to:

  • understand the key requirements of the CIPFA Code of Practice on Local Authority Accounting insofar as it relates to valuations for the balance sheet and related disclosures including bases of value, valuation frequency, componentisation, lease classification, impairment etc, and associated practical approaches, including the key changes arising from IFRS13
  • understand the key requirements of the RICS Valuation Professional Standards and the International Valuation Standards insofar as they relate to local authority asset valuations, together with the associated practical approaches.

The course is aimed at delegates:

  • requiring an entry-level introduction to undertaking local authority asset valuations for financial statements
  • already holding some knowledge or experience of the topic area who are looking for a structured refresher
  • who are seeking structured and formal CPD of up to 19 hours
  • attracted to achieving a certificate demonstrating their understanding of undertaking local authority asset valuations.

The course will be useful to:

  • local authority finance professionals that want to broaden their understanding of the valuation process, and/or
  • non-valuation property professionals that oversee the valuation process or simply want to learn more about it.

Course format

  • Four face-to-face training days, which will include practical exercises.
  • Venue locations in London, Birmingham and Manchester.
  • To receive the CIPFA Asset Valuation Certificate delegates must complete all four training days and demonstrate adequate understanding as assessed at the end of each module through multiple choice and narrative questionnaires.

Course fee

  • Member of the CIPFA Property Training Network (PTN): £1,400 + VAT.
  • Non-members of the CIPFA Property Training Network (PTN): £1,600 + VAT.

Topics

  • Audit
  • / Financial reporting
  • / Property

Download programme schedule

PDF 197.17 KB