IVSC issues updated International Valuation Standards
06 August 2021
The International Valuation Standards Council (IVSC) has issued an updated edition of International Valuation Standards (IVS).
The latest standards become effective from 31 January 2022, however, early adoption is encouraged.
Some of the important updates include:
- A new chapter, 'IVS 230 Inventory' as part of the intangible asset standards
- The technical revisions consulted on throughout 2020 and 2021
- Updated glossary
- Updates to IVS 104, IVS 105, IVS 200 and IVS 400
The updated version of IVS and FAQs may be accessed here.