IVSC announces signing of MOU by professional valuation organisations
27 Oct, 2014
The International Valuation Standards Council (IVSC) has announced the signing of a memorandum of understanding (MOU) committing some of the world’s largest professional valuation organisations to comply with a single global set of standards for valuing assets.
The MOU commits the following valuation organisations to adopt, or declare that their own standards are in compliance with, International Valuation Standards within the next three years:
- American Society of Appraisers
- Appraisal Institute of Canada
- Asociación Profesional de Sociedades de Valoración (Spain)
- Australian Property Institute
- Canadian Institute of Chartered Business Valuators
- Chamber of Professional Appraisers - Kazakhstan
- China Appraisal Society
- Expertise Institute for Valuation of Assets of Georgia
- Hong Kong Institute of Surveyors
- Institute of Philippine Real Estate Appraisers
- Instituto Brasileiro Avaliacoes (IBAPE)
- Indonesian Society of Appraisers
- Nigerian Institute of Estate Surveyors and Valuers
- Property Institute of New Zealand
- Republican Chamber of Appraisers Kazakhstan
- Royal Institution of Chartered Surveyors
- Slovene Institute of Auditors
- South African Institute of Valuers
- Thai Valuers Association
The press release can be viewed on the IVSC website.