2007 volume of International Valuation Standards
20 Aug 2007
The International Valuation Standards Committee (IVSC) has published the 8th edition of International Valuation Standards – IVS 2007.
This edition includes several new components and has also undergone extensive revision and updating:
- International Valuation Standard 2, Bases Other Than Market Value, and International Valuation Application 2, Valuation for Secured Lending Purposes, have been rewritten.
- The revision of Guidance Note 3, Valuation of Plant and Equipment, which was approved in 2005 after publication of the previous edition, has been reincorporated into the text.
- New: International Valuation Application, Valuation of Public Sector Assets for Financial Reporting.
- New: Guidance Note, Valuation of Historic Property.
- Other new features include a chart diagramming the hierarchy of property rights and a useful addendum to GN 8 (Profitability Test When Reporting DRC).
IVS 2007 may be purchased for US$75 inclusive of all postage and handling charges. To order go to the IVSC Website.
Contents of the eighth edition, IVS 2007:
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There is more information in August 2007 IVSC eNews Issue 18 (PDF 132k) - IVSC releases 2007 edition of International Valuation Standards.