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API members embrace residential, business and plant and equipment valuers, property advisers, property analysts, property fund and asset managers, property facility managers, property lawyers and property researchers and academics. The Institute’s primary role is to set and keep the highest requirements of skilled follow, training, ethics and skilled conduct for its members and the broader property occupation. Most of valuations within the nation tend to be performed for statutory purposes envisaged by the Federal Valuation Law and other associated legal guidelines, such as the Joint Stock Companies Law. Such pieces of legislation provide for more than 20 so-known as “mandatory cases of valuation”, including valuations for privatization purposes, lending purposes, chapter and liquidation and so on. Valuations for company accounts was much more prominent earlier than 2000, when the national accounting regulator ceased to incentivize the accounting … Read More