FOREWORD
This document represents the first joint publication of the Forest Valuation Standards by the Institute of Foresters of Australia (IFA) and the New Zealand Institute of Forestry (NZIF).
Forest valuation methods continue to advance to meet the evolving disclosure requirements for reporting forest values. Increasingly advanced forest modelling systems enable valuers to incorporate real-world complexity and granularity into their forest representations.
In presenting this first edition of joint IFA-NZIF Forest Valuation Standards, we acknowledge the support of Forests and Wood Products Australia (FWPA) and the substantial work and effort of the following:
- The NZIF Forest Valuation Working Party
- The IFA Forest Valuation Subcommittee and Working Group
This product is a team effort and is presented to all IFA and NZIF members as guidance on best appraisal practices.
It is the intention that this document will be available electronically to IFA and NZIF members through the respective websites of the two organisations with periodic.
Yours faithfully,
Bob Gordon
Forestry Australia President
James Treadwell
NZIF President