IVSC publishes Perspectives Paper: Challenges to Market Value
05 February 2021
The International Valuation Standards Council (IVSC) has published a Perspectives Paper - Challenges to Market Value that looks at valuation challenges due to heightened uncertainty in a pandemic world.
The uncertainty permeating all markets has raised some specific challenges such as how does a valuer quantify market value given the lack of market comparable information; where market comparable information is available, have the parties ‘acted knowledgeably, prudently and without compulsion; Does a pandemic environment enable parties to undertake ‘proper marketing’ etc.
The Perspectives Paper looks at this subject in detail.
The Perspectives Paper may be accessed here.