INTERNATIONAL VALUATION
STANDARDS BOARD
Board Size: not less
than 6 or more than 9
Principal Duties
The International Valuation Standards Board (IVSB) is responsible
for the development and promulgation of a single set of high
quality of international valuation standards. The IVSB is appointed
and overseen by the Trustees of the IVSC. The Trustees do not
have a role in respect of the work programme or content of standards
of the independent standard setting boards.
Under the IVSC Bylaws the duties and responsibilities of the Board
shall include but not be limited to:
- responsibility for setting the technical agenda of the IVSB.
- establish methods and procedures whereby the IVSB may issue
Exposure Drafts, Invitations to Comment and like documents in
order to broadly consult with experts, parties interested in
valuation standards and the public at large.
- establish methods
and procedures to periodically publish the International Valuation
Standards.
- establish methods and procedures to distribute on
a timely basis, information about and/or interpretations of
the International Valuation Standards.
- consider holding public
meetings or hosting electronic forums to discuss proposed standards.
- support the work of the IVSC and promote adoption of the International
Valuation Standards.
Candidate Specifications
The IVSB is appointed and overseen by the Trustees of the IVSC.
Its members are chosen on the basis on their valuation expertise,
relevant experience, and ability to work in harmony towards the
common objectives.
In appointing individuals, the Board of Trustees is seeking individuals
who:
- are committed to achieving the Objectives of the IVSC.
- demonstrate
a high level of professional knowledge and technical competency
in the principles of valuation, valuation standards and valuation
reporting.
- concurrent with valuation acumen, offer professional
and geographical diversity
- have effective communication skills
in dealing with the public and IVSB members
- will liaise with
national standard-setters and other official bodies responsible
for domestic standard setting.
- commit to act in the public
interest.
- shall not be both a Trustee and an IVSB member at
the same time.
Qualified candidates should have experience as a senior professional
or executive in an organisation with interest in valuation standard-setting.
While IVSC understands that not every Board member will have expert
command of the English language, we require that each member will
have proficiency in oral and written English sufficient to make
an effective contribution to the Board.
Geographic and Professional Balance
The main qualifications for membership of the IVSC are professional
competence and practical experience. However the Board of Trustees
will select members so that the IVSC will comprise a group of
people representing, within that group, the best available combination
of technical expertise in the various valuation disciplines.
The nominating committee will also give consideration to geographic
representation. The goal, as far as is possible, is to have representation
from the six regions of the world: Africa-Middle
East, Asia, Australasia & Oceania,
Europe, Latin America & Caribbean, and North America.
Time Requirements
In its first year of operation, it is anticipated that the IVSB
of Trustees will meet on four occasions. In addition, there may
be between 4 and 6 conference calls to discuss, as they arise,
issues than may require more immediate Board attention or approval.
Conservatively, this will amount to in excess of 100 hours per
year including travel and preparation time.
Some Board members may also be appointed to serve on a Board sub-committee
or working group. Board members are also expected to devote some
time to acting as an ambassador for IVSC in explaining and promoting
the work of IVSC through attendance at relevant regional or national
meetings; speaking at conferences, etc. The time commitment for
serving in these additional roles is in addition to the above estimate.
Compensation
Individuals are not compensated for serving on the IVSC.
However, Board members are reimbursed for travel and expenses associated
with attending IVSB meetings.
– Download
application (pdf) to fill in with the latest version of Adobe
Reader (8.1.2), available free
from Adobe. SAVE your changes, and email the completed application
– and any supporting documents – as attachments to mtissier@ivsc.org before
the deadline of 9 May 2008. |
IVSC
BOARDS APPLICATION PROCEDURES
– Application
Procedures
– Responsibilities & Qualifications:
• IVSC Board of Trustees
> International
Valuation Standards Board
• International
Valuation Professional Board
– Application (pdf) You’ll
need the latest version of the free
Adobe Reader (8.1.2) to fill in and save your entries.
Submitting your application: due 9 May 2008
Please email the completed application – as an attachment – to
Marianne Tissier, IVSC Executive Director (mtissier@ivsc.org)
before the due date of 9 May 2008.
Further information
If you have any questions or require further information,
please contact Marianne Tissier, IVSC Executive Director (mtissier@ivsc.org)
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