The motion toward mark-to-market (m...

The motion toward mark-to-market (market value) financial reportage in the United States (US) and elsewhere has been the source of frequently conjecture by direct and indirect participants in one as well as the other the accounting and valuation communities. The widespread use of similar a basis for accounting for real estate has obvious and important implications for appraisers. This article examines the decades-long experience of market value accounting within the United Kingdom (UK) as a means of drawing censures that might be useful to valuation professionals in the United States. The part of governmental and professional regulation is also explored. Lastly, the integration of UK