DISCUSSION PAPER
"In some instances companies seek to undertake their own internal estimate of asset values or to employ companies which advertise valuation services without full investigation of the professional qualifications of staff who will undertake the valuation project. In some instances these "valuers" base their figures purely on their knowledge of the purchase price or on some unreliable knowledge of the auction and disposal industry"
(as published in RISK MAGAZINE)
See also REVIEW OF VALUATIONS ESSENTIAL
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