Standards

Members must adhere to standards, guidelines and other protocols set out by their respective industry body.

Scroll to explore

International Valuation Standards

The International Association of Valuers requires its members to adhere to standards, guidelines and other protocols set out by their respective industry body. However, where there is a conflict in the standards of an originating profession (i.e. accountancy) and the International Valuation Standards (IVS), the IVS takes precedence for any work undertaken in the field of valuation.

Access the International Valuation Standards

Regional

Regional standards

The International Association of Valuers recognises that a number of countries and regions maintain their own localised set of valuation standards. Many have been formalised over time to reflect the unique business practices that occur in their economies. However, as the world of commerce continues to become global, there is pressure to develop consistency across all international boundaries. For this reason, the International Association of Valuers promotes the use of International Valuation Standards (IVS) but recognises that countries may adopt versions that better reflect their economy.

The following are but a few jurisdictions where general practice may be dictated by alternative authorities.

USA – Uniform Standards of Professional Appraisal Practice (USPAP)

USA – American Institute of Certified Public Accountants (SSVS)

USA – Appraisal Standards Board (ASA)

Europe – The European Group of Valuers Associations (EVS, EBVS, EVS-PME)

Global – Royal Institution of Chartered Surveyors (Various countries)

Japanese Valuation Standards

South Africa Valuation Standards

Chinese Valuation Standards

Canadian Uniform Standards of Professional Appraisal Practice (CUSPAP)

Hong Kong Institute of Surveyors – Valuation Standards

Vietnam Valuation Standards

Malaysian Valuation Standards

Argentina National Valuation Standards

Associação Brasileira de Normas Técnicas

Middle East (EBVS / ADVS)

Egyptian Valuation Standards (EVS)

Global Bodies

Other standards setters

International Accounting Standards

International Financial Reporting Standards (IFRS) are a set of accounting rules for the financial statements of public companies that are intended to make them consistent, transparent, and easily comparable around the world.

International Public Sector Accounting Standards Board

The International Public Sector Accounting Standards Board® (IPSASB®) works to improve public sector financial reporting worldwide through the development of IPSAS®, international accrual-based accounting standards, for use by governments and other public sector entities around the world.

International Organisation for Standardization

The ISO is an independent, non-governmental international organisation with a membership of 169 national standards bodies. Global standards for trusted goods and services.

Financial Stability Board (FSB)

Coordinates with standard-setting bodies (SSBs) for financial stability.

Basel Committee on Banking Supervision (BCBS)

Primary global standard-setter for prudential regulation of banks.

International Organization of Securities Commissions (IOSCO)

Develops and promotes standards for securities regulation.

International Association of Insurance Supervisors (IAIS)

Focuses on setting standards for insurance supervisors and the insurance sector.

Financial Action Task Force (FATF)

Sets global standards to combat money laundering (AML) and terrorist financing (CTF).

International Property Measurement Standards Coalition (IPMSC)

The IPMSC develop and implement consistent international standards for measuring property. The resulting International Property Measurement Standards (IPMS) aim to ensure that property assets are measured in a consistent way worldwide, creating a more transparent marketplace.

Actuarial Standards Committee

Develops and maintains International Standards of Actuarial Practice (ISAPs).