Generally Accepted Reserve Study Standards
Generally Accepted Reserve Study Principles and Generally Accepted Reserve Study Standards were issued by the International Capital Budgeting Institute (ICBI) in April 2015. These professional standards are the recognized international standard. These ICBI standards provide for a consistency and reliability not previously seen in reserve studies. Facilities Advisors prepares all reserve study reports in accordance with Generally Accepted Reserve Study Standards.
Facilities Advisors International CEO Gary Porter headed up the team of 16 individuals from 6 different countries that created the ICBI standards in 2015. This diverse group of individuals represents all stakeholder groups in the community association industry.
The ICBI standards are reproduced with permission here.