New IVS Exposure Draft has few changes in business valuation practice

BVWire–UKIssue #50-1
May 9, 2023

The 2023 IVS exposure draft suggests “online user experience enhancements” but few significant changes for UK business valuers who adhere to the IVSC standards. There are, however, substantial revisions and enhancements to IVS 500 Financial Instruments for analysts with those engagements. The IVSC will also host a series of webinars later in May to discuss the proposed changes.

For business valuers, it’s worth reviewing the suggested additions or expansions to requirements for data and inputs, valuation models, quality controls, and documentation. Most practitioners are already meeting these standards.

Business valuation experts can now submit comments through the IVSC’s online consultation platform or via email to IVSC Technical Director Alexander Aronsohn (

Following the consultation, the next edition of the IVS is expected to be published in January 2024, with an effective date of July 2024.

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