Susan DuRoss
I am pleased to introduce the International Valuation Standards (IVS) Exposure Draft, which sets out proposed updates to the International Valuation Standards (IVS) and is now open for public consultation from 30 January to 30 April 2026.
This Exposure Draft reflects extensive discussion and deliberation across the IVSC’s technical standards boards – the Standards Review Board, Business and Intangible Assets Board, Financial Instruments Board, and Tangible Assets Board – alongside the many topic-focused working groups that have been working diligently since IVS was last updated in 2025. It has been informed by engagement with a wide range of stakeholders, including IVSC sponsor and member organisations, standards setters, Valuation Professional Organisations, regulators, and the broader global valuation community. The proposals also build on the outcome of the IVSC’s 2024 Agenda Consultation, which helped shape the programme of work for the standards boards over this cycle.
The changes proposed in this Exposure Draft are intended to form the basis of the next edition of IVS, which will be issued in January 2027 and become effective from January 2028.
We encourage participation from across the valuation ecosystem, including valuers, standards users, valuation reviewers and end users, regulators, academics, professional bodies, and others with an interest in the development and application of IVS.
The consultation includes a series of questions designed to gather insights on key areas of the proposals. Responses can be submitted through the online survey on this page. Consultees may also, if they wish, submit comment letters by email to contact@ivsc.org. All responses will be considered by the Standards Review Board at the conclusion of the consultation period and will be made publicly available, with the option for respondents to remain anonymised.
Following this review, the updated International Valuation Standards will be issued in January 2027, alongside a Basis of Conclusions document that explains the rationale for the changes and reflects both the boards’ deliberations and the feedback received.
As part of the consultation period, IVSC will also host three free-to-join virtual sessions in March, led by IVSC board members. These sessions will provide an opportunity to explore the proposals in more detail, ask questions, and share general feedback through live polling. Details and registration links are available on this page.
We are grateful for your interest in the work of the IVSC’s standards boards and for taking the time to contribute to this important stage of the standard-setting process. Your input plays a vital role in helping to shape the future of IVS and global best practice in valuation.
If you have any questions regarding the consultation, please contact us at contact@ivsc.org.