The International Valuation Standards Council (IVSC) has released its annual report that includes an update by the IVSC Standards Board. The board’s main focus during 2016 has been drafting IVS 2017, according to board chairman Steven Sherman. The exposure drafts triggered almost 100 comment letters, and a final version is tentatively scheduled to be released in January 2017, with mandatory adoption on July 1, 2017 (also tentative).

“The IVSC’s objectives continue to be to unite and bring credibility to the global valuation profession,” says Sir David Tweedie, IVSC chairman, in the report.

Extra: Tweedie will present the keynote address at Duff & Phelps’ Eighth Annual European Alternative Investments Conference in London on November 8. Sessions include updates on valuation, debt markets, and the future of regulation. For more information, click here.