Performance Assessment For Appraisal Firms

Performance Assessment for appraisal firms is an important topic worthy of scrutiny. Based on a thorough study both theoretically and practically, the article, divided into six chapters and closely connected, is intended to provide a good reference to the researchers and readers. The first chapter studied the research background and meaning of Performance Assessment for appraisal firms. It starts from the current situation of China's appraisal profession, which serves as an opening for detailed discussions in late chapters. The second chapter is a study of current theories of appraisal firms performance assessment. Both abroad and home researches are made. Performance Assessment in western countries went through three stages, from the enterprise performance, to financial performance, and to comprehensive performance. The third chapter is practical studies on the current performance assessment with high relevance to appraisal firms. It studies the top 100 list of global companies, list of accounting firms and the performance assessment system set up by State-owned Assets Supervision and Administration Commission. Objectives, index, calculation formulations and etc. are scrutinized, which provides good references to the performance assessment system of appraisal firms. The fourth chapter puts forward five principles when we set up appraisal firm performance assessment system. Chapter Five is the index system the author designed. The system takes full attention to the characters of appraisal firms and is developed both qualitatively and quantitatively. Thanks to internet technology, data collection is not an impossible mission and the information manage system of appraisal firms makes the task easier. Thus the performance assessment system is more likely to be objective and to gain public acceptance. The last chapter, Chapter five re-states the conclusion of performance assessment research and puts forward problems and questions for future studies. The author suggests that samples of appraisal firms should be made and studied, therefore a relatively comprehensive, and internationally readable appraisal performance assessment...