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We comment on IVSC's Agenda Consultation

  • Deloitte comment letter on IVSC's Agenda Consultation Image

20 Oct 2014

Deloitte Touche Tohmatsu Limited has responded to the International Valuation Standards Council’s (IVSC) Agenda Consultation.

In our response to the IVSC's consultation we support the Board's efforts to bring together national bodies of valuation professionals into a global representative organisation. However, we believe the role of the IVSC should be as an educational and coordinating body, rather than as an international 'standard setter', which suggests a significant degree of regulatory rigor and compliance. We do support the IVSC developing valuation guidance based on clear principles that can be applied across asset (and liability) types in order to facilitate a variety of valuation objectives, but do not support developing more asset-specific or sector-specific guidance.

Download the full comment letter.

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