The Appraisal Standards Board (ASB) develops, interprets and amends the Uniform Standards of Professional Appraisal Practice (USPAP). The ASB is composed of seven appraisers who are appointed by the Board of Trustees of The Appraisal Foundation. Activities of the Board are directed by the Chair, who is appointed by the Board of Trustees for a one year term. The ASB exercises all authority over the subject, style, and content of USPAP and its other communications. It also performs all functions of The Appraisal Foundation with respect to establishing, improving and promulgating uniform standards of professional appraisal practice.
Famous quotes containing the words appraisal, standards and/or board:
“Do your children view themselves as successes or failures? Are they being encouraged to be inquisitive or passive? Are they afraid to challenge authority and to question assumptions? Do they feel comfortable adapting to change? Are they easily discouraged if they cannot arrive at a solution to a problem? The answers to those questions will give you a better appraisal of their education than any list of courses, grades, or test scores.”
—Lawrence Kutner (20th century)
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—Herman Melville (1819–1891)