International Valuation Standards
For property professionals in Australia there has been an increasing shift towards International Valuation Standards (IVS). International Financial Reporting Standards are now formulated in full consultation with representatives of the International Valuation Standards Council (IVSC) and there is now the practical requirement to be aware of IVS.
The IVSC is an independent, not-for-profit organisation that produces and implements universally accepted standards for the valuation of assets across the world in the public interest.
The third joint publication of the Australia and New Zealand Valuation and Property Standards represented a further stage toward the harmonisation of valuation and real property standards within Australia and New Zealand and reflected the continued move towards IVS. The Australia and New Zealand Valuation and Property Standards includes all IVSC Applications, Standards and Guidance Notes, which had been drawn from IVS 2007. Interposed within the IVSC material was additional information to assist members in meeting local valuation and real property reporting requirements.
Access to the International Valuation Standards
Once you are registered to access the IVS you do so through the learning portal. You can access this by visiting http://learning.api.org.au/
IVSonline provides subscribers access to the current IVSs and all approved TIPs. Not only is all the material in one place but it provides users with easy navigation across all publications and the facility to search for key words or subjects.
As part of our service to Members, current API members can access the International Valuation Standards via IVSonline. To gain access to IVS Online please complete the form below.
API Members who have logged in will see the form below. If you cannot see the form below, please Login to view the form.