Red Book guide

Red Book guide

The RICS Valuation - Profession Standards is the leading set of practice guidelines available internationally to the valuation community. This section complements the Red Book by providing practical additional commentary on the interpretation and implementation of some of the most important provisions.

The Red Book guide is therefore a perfect companion to the Red Book for all valuation professionals. It covers duties under the standards relating to:

A range of frequently asked questions and guidance on common problems with reports will help valuers to avoid pitfalls. The Red Book route map provides pointers on key issues at each major stage of a valuation.

This section incorporates updates that reflect:

  • the 2014 edition of the Red Book, effective from 6 January 2014; and
  • the December 2014 reissue of the UK portion to take in changes to UK GAAP effective from January 2015 (see the summary).

Red Book guide is maintained by Anthony Banfield.

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