Transcription of Ratio Studies - IAAO
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Approved April 2013 International Association of Assessing OfficersIAAO assessment standards represent a consensus in the assessing profession and have been adopted by the Executive Board of the International Association of Assessing Officers (IAAO). The objective of the IAAO standards is to provide a systematic means for assessing officers to improve and standardize the operation of their offices. IAAO standards are advisory in nature and the use of, or compliance with, such standards is voluntary. If any portion of these standards is found to be in conflict with national, state, or provincial laws, such laws shall govern. Requirements found in the Uniform Standards of Professional appraisal Practice (USPAP) also have precedence over technical on Ratio StudiesAcknowledgementsAt the time of the adoption of the standard by the IAAO Executive Board, the IAAO Technical Standards Committee was composed of Chair Bill Marchand; Alan Dornfest, AAS; Mary Reavey; Michael Prestridge, Dennis Deegear, Doug Warr, AAS; Chris Bennett, Staff standard benefited from revisions by Robert Gloudemans and the 2011 and 2012 Technical Standard standard benefited from review and comment by Robert Denne, Patrick O'Connor, and Pete byInternational Association of Assessing Officers314 W 10th StKansas City, Missouri 64105-1616816/701-8100 Fax: 816/701-8149 978-0-88329-208-2 Copyright 2013 by the
data integrity review, assessment level and uniformity analysis, and computer-assisted mass appraisal (CAMA) system performance testing, among others. Assessors may have the opportunity to utilize ratio study information at a greater depth than oversight agencies. These internal studies can help improve appraisal methods
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