International Valuation Standards Council Meeting Recap

On Tuesday, December 6, 2016, the American Society of Appraisers was thrilled to host the International Valuation Standards Council VPO meeting at ASA’s headquarters in Reston, Virginia. This gathering  followed the IVSC AGM meeting in Bali, Indonesia where organizations met to discuss the initiatives of IVSC and the soon to be released 2017 international valuation standards.

The meeting commenced with introductions and opening remarks from IVSC Chairman, Sir David Tweedie. Nick Talbot followed soon after with updates on the IVSC and the value proposition. Further topics included membership fees & sponsorship updates, trustee application process, and automation in valuation. Participates were given the opportunity to voice their thoughts during the open discussion, crucial information was clarified and questions were answered by leaders of the IVSC. The meeting concluded with a discussion of the next phase and the path forward for the International Valuation Standards Council.

The American Society of Appraisers would like to thank IVSC Board of Trustees Chairman, Sir David Tweedie; IVSC Chief Executive, Nicholas Talbot; CICBV CEO, Mary Jane Andrews, FCPA, FCA, FCBV, CFF; AI CEO, Frederick H. Grubbe, MBA, CAE; AI of Canada CEO, Keith Lancastle, MBA, CAE; IAAO Vice President, Dorothy Jacks, AAS; IAAO Executive Director, Ron Worth, CAE; RICS Americas Managing Director, Neil Shah; ASA CEO, Jim Hirt, MBA, CAE; AICPA Sr. Manager Financial Instruments, Eva Simpson; and AICPA Sr. Manager Forensic & Valuation Services, Jeff High for attending this event.