“I think it is important to comment on the discussion…concerning the departure of a member of the Appraisal Standards Board (ASB) of The Appraisal Foundation (TAF),” writes Jay Fishman, responding to a recent BVWire item. As a former TAF trustee and chair of the Standards and Appraiser Qualification Board (AQB) nominating committee, Fishman is “intimately aware” of the nomination and appointment processes.
Departures from the ASB are uncommon but do occur…for a myriad of reasons, but none related to a member’s appraisal designation. TAF considers discipline diversity a priority but allocates no ‘seats’ to real property or business valuation per se. Over the years a number of individuals from BV have had leadership positions at TAF and its boards, including Mike Hill, Mary McCarter, and Carla Glass.
TAF and its boards have “considerable credibility in the appraisal community,” Fishman adds, as evidenced by Glass’ recent appointment to the FASB’s Valuation Resource Group and TAF’s continuing work with the International Valuation Standards Committee. “I think TAF and its Boards are our best hope of bringing leadership to what you’ve called the standards ‘quagmire.’ I encourage BV appraisers to get involved and apply as Trustees or members to the ASB or AQB.” For more information on The Appraisal Foundation and its boards, click here.
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