Valuation and Valuation Standards Compliance- FAQs

Valuation Standards Board, ICAI

ICAI-  Release of Answers to the Questions (ATQ’s) raised during the Live Webcast on “Valuation and Valuation Standards Compliance and other aspects under various Laws” on 19th April, 2020

We are happy to inform you that Valuation Standards Board of ICAI (VSB) had organised a live webcast on Valuation and Valuation Standards – Compliance and other aspects under various Laws on 19th April, 2020.

The Webcast was organised to update the members regarding compliance with ICAI Valuation Standards, 2018 and compliance required under various laws.

The Webcast received an overwhelming response and the same can be viewed again at http://ecpl.live/icai/09042020/

There were many questions raised during the webcast. We have prepared answers to the questions (ATQs) raised during the webcast, which do not require application of valuation practices and principles. Also repetitive questions and questions not related to subject matter have not been answered.

We would also like to mention that the Valuation Standards Board has brought many publications and the Concept papers that may be referred for guidance and reference. All the below publications are available on the Committee link at ICAI website i.e. www.icai.org

The answers have been given for reference purposes and the same are available at https://resource.cdn.icai.org/59538vsb48459.pdf