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RICS to review valuation practices to build public’s trust in surveyors | Online

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The consultation, which will be released in the upcoming RICS 2020 Futures Report, will focus on valuation for fiscal reporting, and will protect the “changing public expectations around the independence of pros, specially statutory auditors”, as very well as environmental sustainability and the expanding use of AI in valuation.

RICS world-wide chief govt Sean Tompkins explained: “Fundamentally, this is about retaining this profession’s standing as just one of large-high quality and reliable custodians of the constructed and normal natural environment.

“Throughout 2020, we will especially be focussing on examining our ethical expectations (or code of practice), educational

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