• Energy Management

Balance Sheet Valuation (HGB and IFRS)

All German stock market listed companies have to balance their accounts in accordance with International Financial Reporting Standards (IFRS). German companies not listed on the stock market are free to choose between the German Commercial Code (HGB) and IFRS.

IFRS adopt two models for the recognition of property assets in the balance sheet: a cost model, and a fair value model. Where the fair value model is applied, a frequent revaluation of the asset is required. Since a number of companies have converted accounting information to IFRS in their reporting, a need has emerged for property valuation reporting that complies with the IAS and IFRS regulations. Our team of Valuation Surveyors has the skills and expertise to undertake valuations for IFRS competently.

We are certified by DIN EN ISO/IEC 17024 – the highest standard in Germany.

SPR offers two types of reports:

The German Balance Sheet Valuation in accordance with the German Commercial Code (HGB), German Government Regulations (§ 194 BauGB) on Determination of Value (ImmoWertV) and the German Valuation Guidelines (WertR, etc.).

The International Balance Sheet Valuation (Fair Value) in accordance with International Financial Reporting Standards (IFRS) and international property valuation standards.

We provide services for commercial and residential properties, ranging from single properties to large property portfolios.