IVS Agenda Consultation 2024
The IVSC has published its 2024 Agenda Consultation, aiming to shape the future of the International Valuation Standards (IVS). This triennial consultation invites stakeholders to provide their input on key valuation topics that are crucial for the ongoing development IVS.
The Agenda Consultation seeks to gather feedback from a wide range of stakeholders, including valuation practitioners, Valuation Professional Organisations, (VPOs), financial institutions, investors, academics, corporations, and regulators.
The consultation period is now open for 90 days, concluding on 9 October 2024. The IVSC encourages all interested parties to participate and share their insights. Feedback can be submitted by accessing the feedback form linked in the consultation document.
Overview
The Agenda Consultation document highlights several key themes for consideration:
- Environmental, Social, and Governance (ESG): Recognising the growing importance of ESG factors in valuation, this topic explores how these elements impact valuation processes and the need for additional standards.
- Technology in Valuation: With rapid technological advancements affecting valuation practices, this theme focuses on the incorporation of technologies such as machine learning, data processing, and automated valuation models.
- Valuation Risk: Addressing the management of valuation risk, this theme emphasises the procedures and controls necessary to ensure that valuations are appropriate for their intended use.
The document also outlines, and seeks feedback on, additional topics that may be considered for future revisions of the IVS, ensuring that the standards remain relevant and comprehensive.
During the consultation period, interested parties can submit comments through the QR code and link provided within the consultation document.
Virtual Roundtables
As part of the IVSC’s ongoing Agenda Consultation, we are pleased to invite you to participate in our upcoming virtual roundtable sessions on 17 and 19 September 2024. These sessions provide a unique opportunity for stakeholders to engage directly with representatives from the IVSC’s technical boards, offering your insights and feedback on the topics outlined in the Agenda Consultation.
During the virtual roundtables, you’ll have the chance to voice your opinions on whether certain topics should be included in the IVSC’s work plan and to discuss the prioritisation of these issues. Attendees will also engage through live polling and interactive discussions, ensuring that your views are heard and considered.
We will be hosting two live virtual roundtables before the consultation closes on 9 October 2024. The first session is scheduled for 17 September, followed by a second on 19 September. Registration is free and open to all who are interested in valuation and the IVS, but spaces are limited and will be allocated on a first-come, first-served basis.
Registration is free.