That’s the question triggered by recent reports that highlight the lack of a distinct body of business and intangible asset valuation professionals in many European countries. A blog post from Valuology says: “This represents both an opportunity and threat for valuers operating in Europe. If they can organize themselves into a recognized profession, the need is there, but if they fail, the threat of other bodies creating rules and standards without their input is rapidly increasing.”

Marianne Tissier, former executive director of the International Valuation Standards Council (IVSC), and Chris Thorne, former IVSC chairman and also its technical director, are the directors of Valuology. The firm helps organizations and firms ensure that their valuation policies and procedures are best in class and reflect globally accepted standards of professionalism.