IVSC

The International Valuation Standards Council (IVSC) is a global not-for-profit organization that develops and promotes valuation standards used by professional valuers, financial institutions, regulators, and courts. Its principal output is the International Valuation Standards (IVS), a comprehensive framework for valuing assets and determining value for a range of purposes.

IVSC standards cover real property, business and financial interests, and intangible and personal property, and they are intended for valuations used in financial reporting, taxation, litigation, and capital markets. The IVS are designed to be globally applicable, technology-neutral, and capable of reflecting current market conditions.

The IVSC develops its standards through a technical process that includes working groups, exposure drafts, public consultation, and revisions. The organization emphasizes professional ethics, independence, competence, and the use of appropriate valuation methods and assumptions.

The IVSC collaborates with international bodies, regulators, and professional associations. Its standards are widely referenced in financial reporting frameworks such as IFRS, influence national valuation guidance, and inform regulatory valuations in many jurisdictions.

Governance and structure: The IVSC is governed by a board of trustees and a standards board, with input from member organizations and practitioners worldwide. A London-based Secretariat coordinates technical work and global outreach.

Impact: By providing common valuation terminology and methodologies, the IVSC aims to improve consistency, transparency, and comparability of valuations across markets, supporting better decision-making in business, finance, and public policy.