The International Valuation Standards Council (IVSC) is pleased to announce that Valuation Research Corporation (VRC), an active member of the IVSC since 2022, has extended its support and will now become an IVSC Sponsor.
As an IVSC Sponsor, VRC joins a group of organisations providing enhanced, long-term support for the IVSC’s public interest mission: to develop, lead public consultation on, and advance International Valuation Standards and high quality valuation professionalism globally.
IVSC Sponsors play a vital role in supporting the organisation’s work and long-term sustainability. Their support underpins the IVSC’s public interest standard-setting activities, enabling the organisation to engage leading valuation experts, conduct public consultations, facilitate market engagement across jurisdictions, develop tools and resources to support implementation, and build greater understanding of the importance of valuation professionalism through Valuation Professional Organisations and the wider valuation ecosystem.
VRC’s decision to become a Sponsor reflects its continued commitment to the advancement of valuation professionalism and to the growing importance of high-quality, transparent and internationally comparable valuation practice. It also recognises the increasing relevance of valuation to the clients, regulators, investors and other stakeholders that VRC engages with across global markets.
”“As technology and AI reshape aspects of valuation, it’s essential that innovation is grounded in the judgement and governance that underpin credible practice. VRC’s work with the IVSC helps advance globally aligned standards that support consistency and confidence across markets, particularly as private markets grow in scale and regulatory focus. We value this collaboration and the opportunity to contribute to the conversations shaping how valuation evolves in a more complex environment.”
PJ Patel, VRC Co-CEO
VRC plays an active role in global profession-wide dialogue on the future of valuation practice, including emerging valuation technologies, AI, private credit and other issues shaping market needs. VRC co-CEO, PJ Patel, represents the American Society of Appraisers on the IVSC Advisory Forum and is closely engaged with financial regulators and investor communities, including through recent participation in an SEC-led roundtable on private credit and valuation-related issues.
VRC’s expanded support comes at a time when valuation is playing an increasingly strategic role in business, investment, financial reporting, regulation and risk management. It reflects a shared commitment to strengthening confidence in valuation and supporting the continued evolution of a trusted, professional and globally connected valuation ecosystem.
”“We are pleased to welcome VRC as an IVSC Sponsor and are grateful for its continued commitment to our work. VRC’s expanded support reflects the value of sustained collaboration across the global valuation profession at a time of significant market change. The expertise and engagement of organisations such as VRC help strengthen dialogue on the issues shaping valuation practice today and in the future. We look forward to continuing our work with VRC, PJ Patel and colleagues across our Sponsor and member community as we advance IVS and support high-quality valuation practice worldwide.”
Nicholas Talbot, IVSC Chief Executive
The IVSC welcomes VRC’s renewed and extended commitment and looks forward to continuing its mission with the support of a strengthened Sponsor base and an engaged global membership community.