ASA officially adopts new governance model

BVWireIssue #219-1
December 2, 2020

business valuation accrediting organizations
american society of appraisers (ASA), ASA, business valuation profession

The American Society of Appraisers has formally adopted a new governance model, an “historic milestone,” the organization says in a release. The new model, which is policy-driven, is very different from the model it had been using, which was operations-driven. The new model enables the ASA’s board to focus on the “ends” (organizational vision and strategy) and leave the “means” (implementation and execution) to the CEO and staff.

Extra: In separate news, the ASA has added a nondiscrimination statement to the organization’s code of ethics.

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