In June 2012 the IVSC Standards Board agreed to consider possible improvements to the IVSs, principally IVS 101 Scope of Work, IVS 102 Implementation and IVS 103 Reporting to clarify their applicability to valuation reviews.

A project brief has been prepared and a working group of Board members assigned to the project. At the Board meeting in October 2012 proposed alterations to the three IVSs were discussed and tentatively approved. It was agreed that these will be incorporated into the proposed 2013 updating of the IVSs, which will be exposed for public comment early in 2013.

Associated Documents
Project Brief.pdf

Working Group:

Tom Boyle

Standards Board

Cindy Ma

Standards Board

Nova Chan

Standards Board

Greg Forsythe

Professional Board

Commenced June 2012

Agreed to merge with IVS updating and clarification project due for public exposure in Q1 2013.

See 2013 IVS Updating and Clarifications Exposure Draft for detailed proposals.