Want to ensure you are RICS Red Book compliant? Attend this webinar on compliance for North American valuers
Oct 6, 2014
As a part of the RICS Online Training Academy curriculum, and to help bring American and Canadian RICS members up to speed on the newest Red Book requirements, I will be leading an RICS online course titled “Compliance with The Red Book for North American Valuers” on October 20, 2014, at 12:00 p.m. EDT.
The Royal Institute of Chartered Surveyors (RICS) has more than 100,000 members in over 120 countries; 3,400 members in the U.S., Latin American, Canadian, and Caribbean regions alone. Although appraisers are held to Uniform Standards of Professional Appraisal Practice (USPAP) requirements when conducting most U.S. valuations, there are many RICS members in the USA that don’t understand the additional requirements of the RICS Valuation — Professional Standards (commonly known as the Red Book), which also governs their work.
This 90-minute session will detail the newly restructured Red Book, and help RICS members and nonmembers who are familiar with USPAP better understand how to apply both Red Book and International Valuation Standards (IVS) in the USA and Canada. The Red Book fully incorporates the International Valuation Standards of the IVSC, which is the most widely implemented set of valuation standards around the globe.
As valuation regulations around the world continue to drift toward each other in content and nature, it’s important that all appraisers be familiar with the various standards and changes, from USPAP to the Red Book to IVS. This course will outline basic Red Book requirements for conducting and reporting valuations in North America and internationally, and detail the Red Book’s new structure that now aligns more closely with IVS.
If you are a RICS member interested in hearing about the latest changes to Red Book or a non-RICS member keen on learning more about international valuation standards, then please consider attending. Register today to secure your spot, and feel free to leave a comment below with any questions.