International Valuation Standards Effective 31 January 2022 [Online publication]
Language: English Series: RICS Valuation Standards | RICS Red BookPublication details: London, International Valuation Standards Council, 2021Description: 151pISBN:- 9780993151347
- Red Book
| Item type | Current library | Call number | Status | |
|---|---|---|---|---|
| Online material | Virtual Online | ONLINE PUBLICATION (Browse shelf(Opens below)) | Available |
IVS Framework - Bases of Value - Valuation Approaches and Methods - Intangible Assets - Inventory - Plant and Equipment - Real Property Interests - Development Property
The International Valuation Standards (IVS) form the key guidance for valuation professionals globally and underpin consistency, transparency and confidence in valuations. Valuations are widely used and relied upon in financial and other markets, whether for inclusion in financial statements, for regulatory compliance or to support secured lending and transactional activity. The (IVS) are standards for undertaking valuation assignments using generally recognised concepts and principles that promote transparency and consistency in valuation practice.
The International Valuation Standards Council (IVSC) also promotes leading practice approaches to ensure the conduct and competence of professional valuers. The latest edition is effective from 31 January 2022. RICS have updated the Global Valuation Standards (Red Book) to incorporate the changes to the IVS’s. This became effective on 31st January 2022, the same date as the effective date for the revised IVS’s.
Replaces IVS 2020 ISBN 9781783213832
From 31 Jan 2025 replaced by IVS 2025, published Jan 2024 ISBN 9780993151378