|Volume 1 - Resource Management
Chapter 11 - Revenue - Timber Pricing
Policy 11.4 - Average Market Value Audits
Effective Date: 01-Apr-93
This policy covers audits of log sales data and lumber/chip sales data reported by licensees. Sales data is used to determine Average Market Values (AMVs) for direct use in appraisals.
Revenue Branch will establish and review:
The Regional Revenue Audit Coordinator will audit the reported sales data to ensure accuracy and compliance with reporting instructions. Audits will be conducted a minimum of twice yearly, or more often if deemed necessary.
Acceptable audit format and procedures are contained in the following:
The recommended sales data format and reporting instructions are outlined in Procedures for Reporting Log Sales. Format and mill net value calculations are outlined in Instructions for Reporting Monthly Lumber and Chip Sales.
Information supplied in these audits is confidential and must remain so under the Freedom of Information and Protection of Privacy Act.