Start Date
19-9-2016 2:00 PM
End Date
19-9-2016 3:00 PM
Description
IAAO standards provide the foundations of professional practice in property tax administration, mass appraisal, and property tax policy. These documents represent professional consensus on how best to approach a wide range of property tax topics, including mass appraisal principles, quality assurance through ratio studies and active oversight, essential policies, such as the preferred use of current market value as a basis for assessments, and special appraisal considerations, such as appraisal of property with recognized contamination. In addition, our standards encourage transparency, through open and accessible appeals processes and up-to-date public relations programs. This session will explore and expose the audience to the general features of each IAAO standard, emphasizing features considered significant to the international community. Because of widely acknowledged interest, the presentation will focus on international applicable aspects of the Mass Appraisal Standard, the Standard on Ratio Studies, and the Property Tax Policy Standard. We will also describe the standards development process and invite international representatives of the property tax profession to participate and contribute toward development of future new standards and updates to existing standards.
Publication Date
September 2016
Recommended Citation
Dornfest, Alan AAS, "IAAO Standards" (2016). International Research Symposium. 4.
https://researchexchange.iaao.org/irs/irs16/sessions/4
IAAO Standards
IAAO standards provide the foundations of professional practice in property tax administration, mass appraisal, and property tax policy. These documents represent professional consensus on how best to approach a wide range of property tax topics, including mass appraisal principles, quality assurance through ratio studies and active oversight, essential policies, such as the preferred use of current market value as a basis for assessments, and special appraisal considerations, such as appraisal of property with recognized contamination. In addition, our standards encourage transparency, through open and accessible appeals processes and up-to-date public relations programs. This session will explore and expose the audience to the general features of each IAAO standard, emphasizing features considered significant to the international community. Because of widely acknowledged interest, the presentation will focus on international applicable aspects of the Mass Appraisal Standard, the Standard on Ratio Studies, and the Property Tax Policy Standard. We will also describe the standards development process and invite international representatives of the property tax profession to participate and contribute toward development of future new standards and updates to existing standards.