18.12.08

Valuer Business in the assignment to do a professional assessment

o In accepting the assignment, the Business The Valuer obliged to consider at least the following: entity and its industry; objects that are considered; date of the assessment; scope of the assignment assessment, among others: the purpose of the assignment assessment; assumptions and conditions of the restrictions that are used in the assessment of the assignment, and the standard of value and the value of the premises to be used. 
o contract (letter of agreement) assessment of the assignment; 
o provisions of laws that apply to the related objects that are considered the assignment or assessment. 
o In order to understand the nature and risk assessment services provided and the client's expectations, The Valuer of Business mandatory provisions and consider, among other matters, as follows: Condition assignment submitted by the client; the identity of the client; nature of the objects that are considered include the characteristics and level control marketability; procedures that met the required assignment and assessment of the extent to which these procedures are limited by the client and / or other circumstances outside the control of the Business or Client The Valuer (if any). 
o The Valuer of Business have the objectivity required in any professional services, namely the obligation not to be partisan, intellectual honesty, does not have the interests of the client and free from conflicts of interest. 
  
o In the case of Business The Valuer services provide assessment and The Valuer also provides other services in the client the same, then the Valuer of Business must meet the requirements of independence in order not to affect the independence of the Valuer of Business clients. 
o Before the assignment to do the assessment, The Valuer of Business obliged to create understanding with the client in writing, and make documentation about the agreement. 
o In case there are conditions that require conducting revision of the agreement referred to, the Valuer of Business obliged to make revision of the agreement have been made. 
o agreement referred to include at least the mandatory: the value of the standard will be used; the nature and purpose of the assignment assessment; responsibility of the client; responsibility The Valuer of Business; assumptions that can be used and the conditions required and the type and use of the report will be published. 
o Business Assessment Report required to load and clear descriptions about the exact scope of assignment, and the meaning and purpose of their use, explains each assumptions, hypothetical scenario, requirements or restrictions that directly affect the assessment. 
o The Valuer of Business is prohibited to provide the assumption that restriction and can lead to the use of the Business Assessment Report to be limited; 
o assumptions used by the Valuer of Business can not reduce the value of the substance; and 
o restrictions used by the Valuer of Business can not reduce the responsibility of the Business The Valuer of the results of the assessment. 
o The Valuer of Business obliged to identify the exact nature of the assignment to determine the scope of the assessment in order to generate adequate opinion and the results of an assessment that can be accountable. 
o The Valuer of Business obliged to reveal the report in the Business Rating, restrictions scope of the assignment or assessment of the available data for analysis, worthy of known or unknown by the Valuer of Business at the time of the assignment to do the assessment. 
o The Valuer of Business obliged to reveal the restrictions scope of the assignment and assessment of the data is analyzed for both obtained from within or from outside the client at the time to make an assessment issued by the Business Assessment Report. 
o The Valuer of Business forbidden to receive an assessment assignment where there are restrictions and the scope of the assignment or who have conditions that limit the scope of the assignment in such a way that can lead to the results of the assessment can not be accountable in accordance with the purpose of the assessment. 
o The scope of the mandatory consideration by the The Valuer of Business at least include: assessment of the extent to which objects need to be identified; assessment of the extent to which objects need to inspection ; type and extent of the data need to be examined and the type and extent of analysis needs to be done to get the opinion and the results of the assessment . 
o In the case of Business The Valuer using the results of opinion or statement of work or other experts to do the assignment in the assessment of the Valuer of Business mandatory: to reveal the assumptions and conditions, including limiting the level of responsibility and The Valuer of Business on the assumption that the work of other experts; load the opinion or the work of statements or other experts in the Business Report Rating; and attach a report on the results of other experts working in the report Assessment of Business. 
o All data and / or information used in the assessment of mandatory assignment obtained from sources that can be trusted and The Valuer of Business obliged to reveal the origin of the source and referred find out time.