Local Authority Asset Valuations
Local Authority Asset Valuations have to conform to CIPFA, Red book and IFRS requirements. How is the Valuer to satisfy all?
| Start Date | Venue | Price | |
|---|---|---|---|
| 5 February 2015 | Barnsley | ||
| 26 February 2015 | Strand Palace Hotel, London |
Note: All prices are to be paid in GBP and are subject to VAT at the prevailing rate
This event is being organised and run in partnership with the IRRV
Local Authorities in compiling their annual accounts are required to produce asset valuations. The valuer who undertakes this has to satisfy the Red Book, the CIPFA guidelines and IFRS. The estates valuer now finds negotiating with the finance accountants and the auditors to be part of the valuers role. This conference will explore these tensions and attempt to reconcile the varied approaches from the professions.
This conference is aimed at anyone who deals with the asset register treatment of Local Authorities; Asset Managers, Estates Professionals, Finance Accountants and Auditors
Speakers
- Roger Messenger BSc FRICS FIRRV REV MCIArb Hon. CAAV MIPAV (HONS) RICS Registered Valuer, Senior Partner, Wilks Head & Eve
- Guy Harbord MA MRICS IRRV (Hons) RICS Registered Valuer, Partner, Wilks Head & Eve
- Andrew Jones, Principal Asset Surveyor, Sandwell Metropolitan Borough Council
Programme
Asset Valuation - Best practice and practical guide
- What is an IFRS compliant valuation?
- How do you satisfy the auditor you've done it properly?
- Outsourcing your valuations
Case study workshop - Valuation
- The specialist valuers will discuss a range of difficult, borderline and unique properties and their valuation treatment to meet audit scrutiny.
Matching local authority aspirations -v- localism -v- legal framework
- Traditionally local authorities have approached regeneration and social provision using a hands on and direct approach. In the current climate where a strong localism agenda has taken hold, there is often a divergence and a dichotomy. We hear from a leading advisor on how these conflicting approaches are shaping practice in the public sector.
Case study workshop – Componentisation
- We look at the approaches to depreciation changes and the requirement placed on the valuer to allow a realistic depreciation method to be adopted.
Meeting best value on property disposals
- Legal background S123 LGA 1972
- How can you measure and justify community good?
Case study workshop – Section 123
- A range of practical situations are related with some surprising outcomes! The need to demonstrate good practice to the audit process is relevant to the practitioner.
Question & answer session