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International Valuation Standards Board

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ORDER IVS 2007

ABOUT IVSC

THE INTERNATIONAL VALUATION STANDARDS

BOARDS
- Board of Trustees
- Professional Board (IVPB)
- Standards Board (IVSB)

MEMBERSHIP

SPONSORS & FUNDING

MEETINGS

NEWS

PUBLICATIONS

THE STANDARDS BOARD (IVSB)

The IVSB is an independent standard-setting board, appointed and overseen by the Board of Trustees.

The historic base of the IVSC rests with real estate valuation. A major challenge for the IVSC is the growing demand for the development of valuation standards to embrace the valuation of other types of asset and liability. It is clear that there is significant commonality between the process of valuing an intangible asset, a financial instrument, tangible assets or even a whole business enterprise. Allowing parallel standards to develop for different asset classes would be a retrograde step. The membership of the IVSB reflects professional diversity to enable it to meet the challenge of developing a comprehensive set of international valuation standards.


Current membership of the IVSB:

Chris ThorneChris Thorne – Chairman
Chris Thorne is technical head of valuation for Atisreal UK. Chris has been vice chair of the former IVSC Standards Board and he is the IVSC representative on the US Financial Accounting Standards Board (FASB) Valuation Resource Group. Chris is also a member of the RICS Appraisal and Valuation Standards Board.

Frank BollmanFrank Bollmann
Frank Bollmann is Managing Director, Financial Reporting Practice, Duff & Phelps, Germany. Frank has been providing valuation services for more than 11 years and has worked in the US, the Netherlands and Germany throughout his professional career.

Thomas BoyleThomas Boyle
Thomas Boyle is Chief Appraiser, Senior Vice President, U.S. Bank Real Estate. Thomas was a national Board member of the Appraisal Institute (2000-2003) and he is a certified instructor for the Uniform Standards of Professional Appraisal Practice (USPAP).

Robert ConnollyRobert (Bob) Connolly
Bob Connolly is a director with Bolton Connolly Opteon Property Advisory Services, Australia. Bob was chairman of the former IVSC Standards Board from 2005 to 2008. He was also chair of the Australian Valuation and Property Standards Board from 1999 to 2007.

James EalesJames (Jim) Eales
Jim Eales is global head of Ernst & Young Valuation and Business Modelling Group. He is Chairman of the Society of Share and Business Valuers that was formed in 1996 to provide a unique forum for specialist business and intellectual property valuers in the United Kingdom. Jim is also a Member of the Securities Institute and the Licensing Executives Society. He is on the expert valuers’ lists of both the ICAEW and Law Society.

D Jeffrey HarderD Jeffrey Harder
D. Jeffrey Harder is a Partner in the Deloitte & Touche LLP’s Canadian Financial Advisory Services group. Mr. Harder is a Fellow of the Canadian Chartered Accountants and Chartered Business Valuators. He is a Certified Management Consultant and a senior member of the American Society of Appraisers. Jeffrey is past President and Member of the Board of the Canadian Institute of Chartered Business Valuators, and has twenty-four years experience in Financial Advisory Services practice involved in valuation, mergers and acquisitions, investigations and financial consulting.

Simon LandySimon Landy
Simon Landy is Managing Director of Primo Co. Ltd, a property development company, and Executive Chairman, Colliers International, Thailand. Simon has over 20 years experience as a practitioner and user of valuation in developing markets in Asia. He was chair in 1998/99 of a working group to develop the Thai Valuation Profession and is current chair of the RICS/Asian Public Real Estate Association Thailand REIT Reform Task Force. Simon is currently Chair of RICS Thailand.

Arvind NandanArvind Nandan
Arvind Nandan is Director, Consultancy Services, Cushman & Wakefield (India) Pvt Ltd. Arvind’s appointment comes at a critical time as the Indian Government plans to develop a Valuation Professionals Bill to reportedly complement the Companies Bill published during 2008.

Siu Yu Nova ChanSiu Yu Nova Chan
Nova Chan is a Partner in the Advisory Division of PricewaterhouseCoopers in China. He is a member of the China Valuation Standards Technical Committee and a Council member of the China Appraisal Society. Since 1998, he has been actively involved in drafting China Valuation Standards and Guidance, including Business Valuation Guidelines (released in 2004) and Guidelines for Financial Reporting Purposes (released in 2007).

page updated 17-Nov-2008


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