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The Valuer’s Reliance on Information 2012

The Valuer's Reliance on Information 2012

The Standards Board agreed this project in principle at its meeting in March 2012. A project brief was discussed and agreed at the June meeting. A working party of Board members was assigned to the project.

A Discussion Paper was published in September 2010 with a comment period to 24 December. The comments received confirmed the need for guidance on this topic.

At the Board meeting in October 2012 the Board considered recomendations from the Working Group for various amendments to the General Standards aimed at clarifying the need to consider the sources of information that could be relied upon when settling the scope of work and undertaking the assignment, together with more explicit disclosure requirements when reporting. These were tentatively agreed by the Board. It was also agreed that the proposed amendments should be merged along with the general updates and clarifications being considered to the IVSs in 2013.

Working Group:

Frank Bollmann – chairman Standards Board Vice Chairman
Thomas Boyle Standards Board
Cindy Ma Professional Board
Greg Forsythe Professional Board



Project brief - August 2012

There are more than 160 member organisations
of the IVSC, operating in 137 countries worldwide. Join them.

IVSC members include Valuation Professional Organisations, valuation service providers, users of valuation professional services, standard-setting bodies, regulators, governments and academic institutions. Members work together to enhance valuation through internatioanlly-agreed standards and the highest levels of professionalism.

There are more than 200 member organisations
of the IVSC, operating in 137 countries worldwide. Join them.

Become part of a global network working to enhance valuation standards and professionalism.