12
/ September
2012
ASB issues round 2 of proposed USPAP revisions
At the end of last month, the Appraisal Standards Board (ASB) released the “Second Exposure Draft of Proposed Changes for the 2014-15 Edition of the Uniform Standards of Professional Appraisal Practice.” According to the announcement by the ASB’s parent, The Appraisal Foundation, this latest exposure draft includes proposed revisions to:
- Reporting and Communication Requirements;
- Reporting Options; and
- Retirement of Standards 4 and 5.