Added Michel Prada, chairman of the IVSC
Board of Trustees, "The financial crisis and the debate on fair value accounting has led to discussion on valuation's essential role in shaping the new financial landscape.
Over the past decade, the IVSC
has evolved and expanded and now produces standards for many types of assets including residential, commercial and leisure properties, plants and equipment, intangible assets and businesses, and for different applications such as financial reporting and bank lending.
is an independent, private sector, not-for-profit worldwide organization, headquartered in London, whose objective is "to build confidence and public trust in the valuation process" and to promote "standards for the conduct and competence of professional valuers.
I was pleased to hear of his appointment and look forward to future cooperative efforts between ASA and IVSC
He has been the United States representative to the IVSC
since 1999, serving on the Management Board, Standards Board and Editorial Board.
She also serves on the NCREIF's board of directors, and she relayed the board's activities in considering whether to approve the Valuation Committee's response to two IVSC
Frank brings extensive experience in financial reporting valuation to the important tasks the IVSB and IVSC
will tackle at a critical time for the global economy.
To this end, the members of the Toronto Valuation Accord and their representatives to the IVSC
seek greater public involvement and assistance to ensure that the FASB's recently released Proposal on Fair Value Measurements (www.
Vella, MAI, Appraisal Institute representative to the IVSC
, and Bruce F.
classes that are in the report IVSC
NCREIF approved joining IVSC
as an institutional member in 2009 in order to be involved in the movement to determine international valuation standards.
RICS is set to work with Sir David and the IVSC
, in collaboration with all our colleagues around the world to further advance our shared aims.