Tashkent, Uzbekistan (UzDaily.com) -- The order of the director of the Agency for State Asset Management “On approval of the Unified National Valuation Standard of the Republic of Uzbekistan” was adopted, Norma reports.

This Unified National Assessment Standard (UNAS):

determines the normative regulation of valuation activities;

establishes requirements for the procedure for conducting assessment and examination of assessments.

UNAS includes general and special assessment standards and methods for them.

The General Standards consist of the National Assessment Standards (NSA):

NSA No. 1 “Terms, definitions and principles of valuation activities”;

NSA No. 2 “Assessment task”;

NSA No. 3 “Studies and analyzes carried out during the assessment process”;

NSA No. 4 “Assessment report and procedure for its preparation”;

NSA No. 5 “Types of cost”;

NSA No. 6 “Approaches and methods of assessment”;

NSA No. 7 “General requirements for internal rules for quality control of appraisers’ work”;

NSA No. 8 “Examination of the reliability of the assessment report.”

Special valuation standards determine additional requirements for the procedure for assessing certain types of valuation objects (business, real estate, intangible assets, inventories, etc.) and consist of the following NSA:

NSA No. 9 “Assessment of the value of a business and rights to participate in a business”;

NSA No. 10 “Real estate valuation”;

NSA No. 11 “Assessment of the value of intangible assets and intellectual property”;

NSA No. 12 “Evaluation of the value of inventory”;

NSA No. 13 “Evaluation of the cost of machinery and equipment”;

NSA No. 14 “Assessment of the value of state housing stock for privatization purposes.”

UNAS is intended for appraisers, appraisal organizations and other users, and is mandatory for use when providing services for assessing the value of assets and liabilities, drawing up an appraisal report, as well as when experts verify the reliability of the appraisal report of the property being appraised.