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Letter to the editor.

Publication: Valuation Insights & Perspectives
Publication Date: 22-MAR-03
Format: Online - approximately 642 words
Delivery: Immediate Online Access

Article Excerpt
Dear Editor:

I read the recent Viewpoint [Art and Science in Appraising, Vol. 8, No. 1] by John Ross and had a few comments regarding one issue he addressed. He spoke of the perception that accounting is more scientific, more exact, while appraising is viewed as less scientific, more of a...

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...an art. Further, such perception skews "regulatory, business and accounting interests" in favor of using accountants for mark to market, instead of appraisers. The Appraisal Institute's response to this view, as he reported it, will be to embrace more scientific mode of appraising, with...

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