Review the Statement on Standards for Valuation Services No. 1 and address the following issues:

1)  What is the scope of this standard?

2) Describe the types of engagements that can be performed.

3) Describe different valuation methods and approaches.

4)  Describe how a valuation report is presented.

Requirements:  

• All work needed to arrive at your answer should be displayed and decisions should have a discussion of the reasoning used to arrive at the decision.  If there are divisions to the problem, label them appropriately. 
• Any written explanations should use complete sentences, and appropriate grammar, punctuation, spelling and word usage.  
• All citations should be in proper APA style. All journal articles, media and books should be referenced according to APA style (the library has a copy of the APA Manual).  
• The paper should be formatted per current APA and 4-5 pages