IVSC publishes 2003 edition of International Valuation Standards

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06 Jul 2003

The IVSC has published the 2003 edition of International Valuation Standards, a comprehensive volume of all of its standards.

For the first time the standards can be viewed or downloaded without charge from the IVSC Website. A printed version and a subscription update service can be purchased from IVSC. The IVSC's News Release (PDF 32k) announcing its new publication states:

The outright adoption of International Financial Reporting Standards (IFRS, previously known as International Accounting Standards) or convergence with these standards is now a global phenomenon that is rapidly gathering pace. IFRS increasingly adopt a fair (market) value basis as opposed to historic cost, and IVSC has gained important recognition by the accounting world of the authority and benefits that international valuation standards bring to providing greater credibility to accounting at fair value.

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