MTS Journal

2013  •  Volume 29  •  Issue 4

This is the first issue with new Editor, Park Johnson, ASA. It includes articles on the state of the valuation profession in China, ethical dilemmas facing appraisers in Russia, and an article discusses the need for convergence in appraisal standards.
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Articles from this Issue

Editor's Letter

A special note from the Editor of ASA’s MTS Journal.
PAGE 4 Park Johnson, ASA, MRICS

Chairman’s Corner

News from ASA’s Machinery and Technical Specialties Committee.
PAGE 5 Robert W. Clark, ASA

Governor’s Bulletin

Important information and updates from MTS Discipline Governors.
PAGE 6 Daniel Lagace, ASA and Sharon Desfor, ASA, MRICS

Achieve Collaborative Development of the Valuation Profession

Madam Liu Ping's Speech at the 8th International Conference on The Valuation of Plant Machinery and Equipment.
PAGE 12 Liu Ping

Ethic Dilemmas in Russian Appraisal Practice

Two decades of market (and appraisal) restoration in Russia have been characterized not by measures of the nation’s inclusion in the global technological process, but by building a regulation system adapted to the demands of the regulators.
PAGE 21 Aleksey Shaskolsky

Federal Appraisal Standard FAS-0 “Paid-for Valuation”

The Economic Hands Down Development Ministry approved a new federal appraisal standard called to introduce orderliness and clear standards in providing valuation services in Russia.
PAGE 24 A. Shaskolsky, V. Romanovsky, S. Edomsky, V. Biryukov, A. Timkov

Banks Run on Standards

A common set of standards would benefit lenders, borrowers, investors and valuers Basel is setting common standards for capital adequacy. The IVSC has created common standards for valuation to create a level and consistent standards road.
PAGE 31 Thomas Boyle, MAI