Associated Reserve Planners adheres to Generally Accepted Reserve Study Principles and Generally Accepted Reserve Study Standards issued by the International Capital Budgeting Institute (ICBI). These represent the only professional level reserve study standards issued. ICBI is an internationally recognized, indpependent standards setting orgaization. The ICBI standards committee that developed these standards consisted of sixteen individuals from six countries representing every stakeholder group within the community association industry. As a result the ICBI standards developed by this diverse mix of professionals satisfy the multidisciplinary objectives of all parties and are the most comprehensive standards issued.
ICBI Standards Summary
Generally Accepted Reserve Study Principles establish and document the broad, basic concepts upon which the reserve study process is based.
- General Principles
- Reserve Activity & Component Principles
- Calculation Principles
- Service Level Principles
- Reporting Principles
- Software Principles
Interpretations of Generally Accepted Reserve Study Principles clarify and expand the principles to provide specific guidance.
- Interpretations of each of the principles noted above
Generally Accepted Reserve Study Standards establish and document the broad, basic performance guidelines for the preparation of reserve studies.
- General Standards
- Field Standards
- Reporting Standards
- Software Standards
Interpretations of Generally Accepted Reserve Study Standards clarify and expand the standards to provide specific guidance to reserve professionals.
- Interpretations of each of the standards noted above
Generally Accepted Reserve Study Principles
Interpretations of Generally Accepted Reserve Study Principles
Generally Accepted Reserve Study Standards
Interpretations of Generally Accepted Reserve Study Standards
A downloadable Adobe Acrobat copy of the full set of Principles, Standards, and interpretations is available here.