International accounting network supports IVSC

The International Valuation Standards Council (IVSC) is pleased to welcome international public accounting, tax and advisory network, BDO, as its latest financial sponsor.

BDO’s sponsorship highlights the growing global support for the IVSC’s mission to promote confidence and public trust in the valuation process; thereafter restoring confidence in the financial markets.

As a sponsor, BDO will provide financial support to the organisation enabling the IVSC’s vital work, but also actively contribute to the development and revision of the IVSC’s International Valuation Standards. In addition BDO will play a role in the IVSC’s work to build a high quality professional framework around the world.

Wayne Kolins, Global Head of Audit and Accounting, at BDO International, said: “BDO is pleased to support the IVSC. Under its stated objectives, and the leadership of Sir David Tweedie, the IVSC is well positioned to take the lead in the development of a much needed global valuation framework which can be used to enhance the quality and consistency of valuations and, in turn, the quality of financial reporting and the confidence of capital markets. BDO looks forward to assisting the IVSC in its work, and supporting the adoption and use of high quality valuation standards.”

Sir David Tweedie, Chairman of the IVSC Board of Trustees, adds: “The IVSC are thrilled to have BDO on board as a sponsor. The demand for the work of the IVSC is expanding at a rapid pace and financial sponsorship is vital to enable us to meet our key strategic objectives. BDO share our vision for a set of globally recognised valuation standards and we are very grateful for their financial vote of confidence and to have gained their input and experience.”

-ENDS-

For press enquiries please contact:
Ryan McSharry / Anna Younger Spada
ryanmcsharry@spada.co.uk / annayounger@spada.co.uk
Tel: +44 (0)20 7269 1430

For further information on the IVSC please contact:
Marianne Tissier, Executive Director, IVSC
mtissier@ivsc.org
Tel: +44 (0)20 3178 7811