International Accounting Standards for Artworks
Vasaris quotes are conducted and
formulated according to RICS-standards.
Vasaris offers valuations aimed at
the correct implementation of the IAS/IFRS rules regarding artistic property on
the balance sheet of companies and institutions. The correct method of
quotation in these circumstances is usually 'fair value'. (See the standards
here: Download Vasaris
We deliver probate and fair value
valuations for impairment tests. Fair value evaluations are also needed when real
estate with decorations changes hands.