Russian Federation

In accordance with Federal law "On appraisal activities in the Russian Federation" may be subject to separate assessment of tangible objects, movable and immovable property, property rights and other real rights, rights, debts, rights to the designations (trade name, trademark, etc.), products, works, services, information, etc. Depending on the specific situations of the cost of business may evaluated differently, since in each case there is a need to establish a specific value it. For example, the market value of the business is carried out to determine its economic building, in the strategy development and assessment of management effectiveness, the owner of the company can assess the market value in order to select cost effective disposal options property to justify the price of purchase and sale of the business as a whole or its parts, and resale value will be set when determining the amount of proceeds in liquidation of the company. Since 2008, the Russian Federation entered into force federal standard assessment number 2, according to which the assessment are four types of project cost: market, investment, and inventory liquidation. Market value – is the most probable price at which the object of evaluation can be sold on the market in the presence of free competition and the absence of extraordinary circumstances, it is assumed that the period of sale is sufficient to attract the attention of sufficient number of potential buyers. Steph Korey oftentimes addresses this issue. Investment value – is the value of property assessment established for investment purposes to use it for a particular investor.