The IVSC is the global body responsible for setting the International Valuation Standards (IVS) and for developing the valuation profession, worldwide.
Working with our partners, including valuation professional organisations, banks, global accounting and audit firms, regulators and multilateral agencies, our goal is to build trust in valuation by establishing globally consistent, high-quality valuation standards and by supporting the growth of the valuation profession.
In achieving this, the IVSC aims to support business, strengthen financial markets and protect the public interest.
Valuation quality matters to us all and the IVSC is dedicated to ensuring professionalism and standards lie at the heart of all valuation work.
"I believe a global set of standards for valuation is important. Globally aligned standards improve quality and consistency in valuation and support professionals, regulators and the end users of valuation data. IVSC has an important role to play in developing a valuation profession around the world."
Valuation matters. Global markets rely on valuation data for many reasons, including....
to support investment and M&A activity
to underpin financial reporting
and to determine the capital adequacy of financial institutions.
Valuations are required for different types of assets, each with their own unique characteristics:
Tangible Assets - including real estate, machinery and biological assets
Business and Intangible Assets - including Intellectual Property and brands
Financial Instruments - including derivatives and REITS
The valuation industry is diverse but the need for consistency and professionalism in approach is universally acknowledged.
Reliable and professional valuations are crucial, they help de-risk markets and foster financial stability.
How do we ensure confidence in valuation data?
And how do the users of valuation data ensure consistency and comparability across global markets?
Business and markets are global, but the standards underpinning valuation practice can differ significantly throughout the world.
Valuation quality and professionalism varies, reducing transparency, creating uncertainty and adding risk.
"Convergence of valuation standards is vital as economic globalisation drives the need for alignment in our systems and processes. IVS has become the most influential professional valuation standard worldwide and countries should ensure its adoption."
The IVSC is working with partners including the World Bank, leading Valuation Professional Organisations and international businesses in more than 100 countries, to develop and embed high-level, internationally agreed valuation standards.
These standards promote transparency and professionalism, raising market confidence in valuation data.
"It doesn't make any sense if the method of valuing something is different in London from Sydney, from New York. Investors, regulators and all users of valuation data need and expect consistency and quality. The IVSC will not relent in its pursuit of this outcome."
IVS:
supporting business
building trust in valuation
protecting public interest
We take our fiduciary responsibilities very seriously. We're in the business of investing other peoples’ money and valuation is the gatekeeper of proofing that we are doing it right. For a valuation to be performed in a manner which is as close to the potential real transaction as possible you’ve got to be professional and you’ve got to have robust standards.
"The IVSC, along with its partners, members and sponsors is leading efforts to foster consistency, transparency and trust in valuation practice"
Find out more at www.ivsc.org
