Valuation Standards

The purpose of the NZIF Forest Valuation Standards is to provide a set of standards and guidelines for the physical and financial description, and the valuation of commercial plantation forests in New Zealand. They are applicable to plantation forests of any size and ownership.

These standards apply to a range of purposes of forest valuation.

Authority

The NZIF Forest Valuation Standard has been prepared under the authority of the New Zealand Institute of Forestry (NZIF), the body representing forestry professionals in New Zealand.

Users

These standards have been developed primarily for Members of the NZIF engaged in the physical and financial description, and the valuation, of a forest resource for internal or external reporting. They have also been developed with a view to other professional bodies (e.g. ICANZ, NZIV) and regulatory authorities (e.g. Securities Commission) requiring use of these standards.

Access to Standard

Electronic access to the standard is available through this website.

NZIF members can access and use the standard for their own personal and professional use, but are requested not to extend that use to others.

Non-members, companies and other entities will be granted access to the standard at a cost, please contact the NZIF Administrator for more details. Such access does not include permission to distribute copies (electronic or printed) of the document to others.

Binding on NZIF members

The NZIF has resolved that all Members shall be bound by these standards, or shall disclose departures, when preparing forest valuations.

Copyright

Copyright 1999 - 2025 New Zealand Institute of Forestry Inc. PO Box 10-029, Waterloo Quay, Wellington 6140, New Zealand. World rights reserved. No part of this publication may be stored in a retrieval system, transmitted or reproduced in any way, without the prior agreement and written permission of the publisher. Reproduction for academic or educational purposes is not covered by copyright, provided the source is acknowledged.

For further information on technical aspects of the standard, contact: Dr. Bruce Manley