SVS No. 01 Summary of Valuation Standards

Status

Issued by Valuation Standards Committee in Taiwan on 26 December ,2007

Summary

The objective for Valuation Standards is to require and enhance the quality of valuation results so as to reflect the economic value of the valuation subject appropriately. Valuation means estimating the value of the valuation subject. This Statement which is the framework of the valuation standards, concisely describing the general standards, process standards and reporting standards. The valuation subjects of Valuation Standards include assets, liabilities and equities. External valuers should apply Valuation Standards, however, internal valuers could refer to Valuation Standards.

Effective date

This Statement is effective from 25 January, 2000.