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 IAS).

We deliver probate and fair value valuations for impairment tests. Fair value evaluations are also needed when real estate with decorations changes hands.