Review the Statement on Standards for Valuation Services No. 1 and address the following issues:
1) What is the scope of this standard?
2) Describe the types of engagements that can be performed.
3) Describe different valuation methods and approaches.
4) Describe how a valuation report is presented.
Requirements:
- All work needed to arrive at your answer should be displayed and decisions should have a discussion of the reasoning used to arrive at the decision. If there are divisions to the problem, label them appropriately.
- Any written explanations should use complete sentences, and appropriate grammar, punctuation, spelling and word usage.
- All citations should be in proper APA style. All journal articles, media and books should be referenced according to APA style (the library has a copy of the APA Manual).
- The paper should be formatted per current APA and 4-5 pages