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| The REIS Standards are dependent on, and are intended to supplement (and in some cases clarify) but not replace, other established standards from authorized bodies including but not limited to valuation standards established through Uniform Standards of Professional Appraisal Practice (USPAP), accounting standards established by United States Generally Accepted Accounting Principles (GAAP) and the performance measurement and reporting standards promulgated by the CFA Institute known as the Global Investment Performance Standards (GIPS). Collectively, these other established standards are referred to as the REIS Foundational Standards. The REIS Council and Board provide comments to relevant industry initiatives when public comments are sought by these Foundational Standards bodies. Standard Setting Bodies GAAP (Generally Accepted Accounting Principles) GIPS (Global Investment Performance Standards) USPAP (Uniform Standards of Professional Appraisal Practice) Other Relevant Standard Setting Organizations INREV (European Association for Investors in Non-listed Real Estate Vehicles) IFRS (International Financial Reporting Standards) IVSC (International Valuation Standards Council) |
Real Estate Information Standards
REISus.org