Valuation for IFRS includes the following:
Valuation of the business property:
· Classification of the valuation objects and selection of valuation methods;
· Inspection of the valuation objects and their technical state;
· Identification and description of the valuation objects;
· Study of the comparable markets;
· Collection of information required for further calculations;
· Fair value measurement of the object;
· Preparation of the Valuation Report.
Valuation of assets for IFRS will allow to:
Obtain comprehensive data related to the company and its business performance;
Effectively introduce the company to the changing market environment.
RESOLUTION OF THE COUNCIL OF MINISTERS OF THE REPUBLIC OF BELARUS AND NATIONAL BANK OF THE REPUBLIC OF BELARUS of
August 19, 2016 No. 657/20