ARCHIVED: Red Book UK December 2014

The RICS Valuation – Professional Standards as they apply in the UK have been updated with effect from the date of publication in April 2015.

In summary the April 2015 changes are:
- UK appendix 3 was revised to reflect the changes to UK GAAP effective from 1 January 2015 and to the International Standards and Auditing (UK and Ireland).
- UK appendix 5 was updated to reflect the changes to UK GAAP and the Code of Practice on Local Authority Accounting in the UK, published by CIPFA.
- A minor change was made to UKGN 7 to reflect the new UK GAAP (FRS 100–103 and FRSSE 2015) application to the financial statements of charities.
- In UK appendix 10, the Unexpired lease term assumption adjusted from 70 years to 85 years (applies when it is not possible to inspect the lease).
- Where appropriate references to UK content and to RICS publications have been updated.

For more detail, see pages 6-9 of the pdf.

For the current edition of the global standards see www.isurv.com/redbook

This has now been superseded by: https://www.isurv.com/downloads/download/2218/rics_valuation_%E2%80%93_global_standards_2017_-_uk_national_supplement_uk_red_book

  • File type: PDF
  • Size: 2.87 MB

Your download should start automatically;
if it doesn't please click below.

In some browsers you may need to click the security bar at the top or bottom of the screen and select to download the file.

To manually start the file download, use the link below.

Download