IVSC issues statement on valuation during periods of market uncertainty
19 Mar 2020
In the context of the COVID-19 outbreak, the International Valuation Standards Council (IVSC) has issued a letter looking at valuation during periods of market uncertainty.
The letter notes that the COVID-19 outbreak and the resulting global pandemic have created a huge amount of uncertainty around the world. The enormous market volatility and the fact that valuers have to value assets when there is limited to no comparable evidence and all markets are facing an uncertain future, can make valuing challenging. The letter can be downloaded from the IVSC website.
The IVSC has also set up a resource page Covid-19: research, analysis and guidance for the valuation profession.
