International Valuers Standards Council
The International Valuation Standards Council (IVSC), is the global standard setter for valuation practice and the valuation profession.
The AVI has joined their organisation to better improve the professional standards in Australia.
Membership of IVSC is open to users, providers, professional bodies, educators and regulators of valuation services.
The AVI will also be provided with a forum for participation with the objective of advising the Boards on agenda decisions and priorities in the work of the IVSC The IVSC is a membership organisation and is open to a wide range of stakeholders including professional institutes, valuation providers, standard setters, regulators of valuation services and academia. Members are provided with a forum for participation in the work of the IVSC which can advise the Boards on agenda priorities. The IVSC currently has 75 member bodies from 54 countries.
A number of leading global organisations share the belief that raising standards of international valuation practice benefits the capital markets, contributes to the growth of strong economies around the world and leads to improved confidence of investors and users of valuation services.
The objectives of the IVSC are to strengthen the worldwide valuation profession by:
- Developing high quality international standards and supporting their adoption and use;
- Facilitating collaboration and cooperation among its member organisations;
- Collaborating and cooperating with other international organisations; and
- Serving as the international voice for the valuation profession