English · Montenegro · IVS
Valuation in Montenegro, under IVS
Companies, shares, real estate and equipment, valued under International Valuation Standards for buyers, banks, courts and auditors.
We reply on the next working day. We name the fee in writing, in our reply to your inquiry. Scope and timing are confirmed in writing before work starts.
- StandardIVS1
- Real estateall of Montenegro
IWhat we value
Six kinds of valuation
Each has a detailed page with its standard and sources; company valuation is in Montenegrin.
Company and share valuation
Income approach (DCF) with a market cross-check, for a sale, a bank, a dispute or internal decisions. Report plus an Excel model with all formulas.
Real estate for banks and buyers
Apartments, houses, commercial premises, hotels and land anywhere in Montenegro, with a site inspection and the land register extract.
Equipment, vehicles and vessels
Item-by-item valuation; market and liquidation value side by side when the purpose needs both.
Courts, probate and marital property
Value at the date set by the court, contract or procedure, with every assumption visible to the other side.
Fair value (IFRS 13) and impairment (IAS 36)
Fair value and impairment tests in a format the auditor can check quickly, with the model and note text.
Share value before a purchase
A value range for negotiation, with sensitivity analysis showing which assumptions move the price.
01Scope
Where we work
Real estate, equipment and vehicles are valued only in Montenegro, with a site inspection. Company and share valuations in Serbia and Bosnia and Herzegovina are covered through partners in the region; whether the purpose in that country requires a local licence is checked and confirmed in writing before work starts.
IVMethodology
Standards behind every report
IVS
International Valuation Standards, edition published 31 January 2024, effective 31 January 2025.
RICS Red Book (framework)
RICS Valuation - Global Standards, published November 2024, effective 31 January 2025; it adopts and applies IVS.
IFRS 13
Fair value measurement: fair value as an exit price at the measurement date.
IAS 36
Impairment of assets: recoverable amount as the higher of fair value less costs of disposal and value in use.
VIFee
Fee and timing in writing, before work starts
No hourly billing. We name the fee in writing, in our reply to your inquiry. What is not included is listed in the written proposal.
VIISources and legal framework
Primary sources
- IVSC - International Valuation Standards (effective 31 January 2025)
- RICS - Valuation Global Standards (Red Book), published November 2024, effective 31 January 2025
- IFRS Foundation - IFRS 13 Fair Value Measurement
- IFRS Foundation - IAS 36 Impairment of Assets
- IVSC - IVS free to access since 31 January 2025
IXNext step
Tell us what is being valued and for whom.
office@schule.co.me · Phone +382 67 338 777 · By appointment, Mon-Fri 07:00-15:00 (Podgorica time)