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INDONESIA
Organisation Name: Masyarakat Profesi Penilai (MAAPI) (Indonesian Society of Appraisers)
IVSC Member: Yes
Do members have to follow IVS? No
Does organisation issue its own standards? Yes
Do these, include, replace, or extend IVS ? No
Additional Information: The Indonesian Assessment Standards Committee (KPSPI), established by MAPPI, is responsible for drafting valuation standards in Indonesia. The standards uses references from other international valuation standards.
MAPPI has 4 levels of membership (Affiliate, Associate, Accredited and Certified Member) with only a Certified Member being eligible to issue valuation reports.
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