The seminar focuses on the Depreciated Replacement Cost valuation method and covers;
- The appropriate DRC valuation approach as identified in the NAMS Valuation and Depreciation Guidelines
- Generic valuation issues associated with the DRC valuation methodology
- Specific valuation issues associated with roading, water, wastewater, stormwater, drainage, and parks and recreation infrastructure as well as heritage and operational building assets
- Accounting Standards associated with valuations
- Compliance with Local Government Act and Public Finance Act requirements
- Office of the Auditor-General feedback on valuation audit issues
- Other emerging valuation issues
This course includes interactive sessions and case studies in groups.
