The valuation of inventory project resulted from feedback received during the agenda consultation process conducted by the IVSC in 2017 and 2018. The project has been led by the Business Valuation Board, with support from the Standards Review Board. As outlined in this Exposure Draft, the Business Valuation Board are carrying out a transparent and robust standard-setting process that entails research, market engagement, and this Exposure Draft and resulting consultation process.

This Exposure Draft not only provides the draft standard (IVS 230 Inventory), but also outlines additional insights on the process, information considered, and ultimate rationale for preliminary conclusions reached by the Boards.

Depending on feedback received as part of this consultation process, the IVSC Boards would propose issuing a final Standard for IVS 230 Inventory in mid-2020, with an effective date no earlier than January 2021. As with the entirety of IVS, due to ever-changing market conditions, the IVSC will continue to monitor the applicability of IVS 230 Inventory during and after the issuance of the final Standard.


Mark Zyla, Chair, IVSC Standards Review Board

Andreas Ohl, Chair, IVSC Business Valuation Board

Kevin Prall, Technical Director, IVSC Business Valuation Board

Click here to download the IVS 230 - Inventory - Exposure Draft.

The IVSC invites feedback on all matters in this Exposure Draft.  We request comments by 30 June 2020 by emailing comments to: 

Reference: IVSC 230 - Inventory - Exposure Draft