Please note, this document was reissued in January 2023 as a professional standard. It was previously published in December 2016 as a Guidance Note. The regulatory requirements remain the same.
This professional standard draws professionals’ attention to specific issues that arise in farm stocktaking valuations, for inclusion in financial statements that are prepared in accordance with UK GAAP.
Topics covered include:
- Basic principles of stocktaking
- General compliance
- Basis of value and methodology
- Confirmation of instructions
- Inspection and reporting
- Appendices on confirming instructions/terms of engagement and the valuation report format
Farm Stocktaking Valuations, 2nd edition (PDF 1.12MB)
Published date: 01 December 2016