This succinct (20-page) review of the national Valuation Profession touches upon its history, present public mandate in the context of other types of economic measurements, and also describes the organization of its current administrative institutions (such as SRPOs), application of the national...

Russian Abstract: Данный проект учебного пособия (версия марта 2020г.) представляет предмет Экономических измерений, а также обеспечивает охват и обсуждение 4 основных...

This short teaching note delves behind semantics of the cost approach to valuation and analyses three distinct meanings of this notion in various areas of valuation practice. These three meanings are imbued with chronological attribution. Thus, in positive (market reflecting, comparative)...

This note is devoted to conceptual valuation treatment of leasehold interests. A simple model of their appraisal from the standpoint of tenants emphasising owner-occupational rather than insututional investment perspective is proposed. The inverse relation holding between the amount of rent...

This pdf slideshow is intended to present elements of the following paper: http://ssrn.com/abstract=1089749. The practical takeaway is that any discounts, such as the discounts for lack of marketability (DLOM), emperically observed on foreign public markets are irrelevant within the national...

This brief Paper presents the jist of our views on the discounting principle and methodology as used within the area of Professional Valuation. Singled out for concise treatment are the following:1) Relationship between the general DCF framework and different yield capitalization techniques-...

This theoretical analysis of modern developments in the practical valuation theory sets it against the background of achievements of the neoclassic valuation techniques, and highlights how the latter have come to be honoured more in breach than observance by the professional valuation practice....

These pdf slides briefly present new developments within the area of valuation of illiquid assets (Professional Valuation) and explain current revisions as to the conceptual understanding of exchange values which are now getting tied up again with the individual's Worth. A contention is made...