Practitioner GuideThe Audit Trail in Property Valuation: Why Compliance Is Evidenced, Not Asserted
An audit trail sounds like bureaucracy; it is the opposite — the record of how a valuation was reached, and the only thing that lets a reviewer, insurer or regulator rely on it years later. What a defensible audit trail contains, where the RICS Red Book and IVS require it, why files fail without one, and why it should be captured as you work rather than reconstructed from memory.










































