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_aInternational Valuation Standards Council
245 _aManaging and communicating value uncertainty
260 _aLondon,
_bInternational Valuation Standards Council
_cMay 2026
300 _a17p.
520 _aThe IVSC Valuation Risk Working Group’s latest Perspectives Paper examines one of the most important — and most misunderstood — concepts in valuation practice: the difference between valuation risk and value uncertainty. Valuation risk arises from errors, omissions, or inadequate processes within the valuation itself. It can and should be mitigated. Value uncertainty, by contrast, is an inherent feature of valuing complex assets and liabilities in real markets. Even a fully IVS-compliant valuation, conducted with rigour and care, may yield a range of credible outcomes.
650 _aVALUATION
650 _aMATERIAL UNCERTAINTY
856 _uhttps://ivsc.org/pdfviewer/perspectives-paper-managing-and-communicating-value-uncertainty/
_zIVSC Perspectives paper
942 _2ddc
999 _c122356
_d122356