AGM 2022 Advisory Forum Working Group

Exploring recognition of the valuation profession globally

By: Jack Beckwith, ASA – International Valuation Committee Representative

The International Valuation Standards Council, an independent global standard setter for the valuation profession, held their 2022 Advisory Group Meeting in in Ft. Lauderdale, Florida.  Participants included the IVSC Board of Trustees, the Advisory Forum Working Group, the Business Valuation Board, the Financial Instruments Board, and the Standards Review Board.  The American Society of Appraisers helped co-sponsor this first face to face meeting since 2019.

The Advisory Forum Working Group and associates attending included John Martin (Chair, Australia), Dave Bunton (TAF), Gilles de Courcel (France), Muath Alkhalaf (Saudi Arabia), Landro Escobar (Spain), Reiner Lux (Germany), Catalina Miranda (Canada), and ASA Representative, Jack Beckwith (USA). Their task is to continue facilitating and promoting to over 180 member organizations operating in 137 countries worldwide access to education and training consistent with the interpretation of definitions, approaches, and methodologies used in conjunction with the principles identified in IVS.

The IVSC Chief Executive Officer, Nick Talbot, greets ASA Chief Executive, Johnny White, Board of Trustee, Jay Fishman, and ASA representative on the Advisory Forum Working Group, Jack Beckwith, to the 2022 Advisory Group Meeting held in Fort Lauderdale from September 14^th to the 16^th.

Participants attending arrived from six continents for the first face to face meeting in three years.

About the Author

Jack Beckwith, ASA, is the Owner of EAGI. He has about 30 years of experience in the industry, primarily specializing in machinery and equipment, and has performed and supervised valuations throughout the United States, Canada, Mexico, and Europe. Mr. Beckwith first joined ASA in 1996, earning his Accredited Senior Appraiser designation in 1998. He is an active member and volunteer serving in various leadership roles, most notably as a current representative in ASA’s International Valuation Standards Committee. Prior to beginning his professional career, Beckwith earned his BBA at the University of Texas, served on the University of Incarnate Word Nursing Advisory Board. He has also been published for various valuation topics in the MTS Journal and the ASA Professional.