The International Association of Consultants, Valuators and Analysts (IACVA) and the International Institute of Business Valuers (iiBV) have joined forces to boost IACVA’s International Certified Valuation Specialist (ICVS) designation. The two groups will develop in-class and online certification training and testing that will reflect International Valuation Standards and will be translated into other languages as well as allow for the addition of nation-specific modules. ICVS certification training is planned for China and Beirut later this year, according to IACVA’s current training calendar. Earlier this year, ICVS training was done in Korea, Australia, and Hong Kong.

Valuation practices around the word can diverge quite significantly. An international designation will help improve and provide a minimum level of uniformity and give assurance to clients and regulators that the analysis is consistent with other areas around the globe.