Shades of the Good Housekeeping Seal of Approval: The International Valuation Standards Council (IVSC) is proposing to award a “quality mark” to qualified valuation professional organizations (VPOs) that meet a high level of quality in BV technical and professional standards. An IVSC consultation paper gives the background and examples of an approach that could be taken to address concerns about significant inconsistencies in the quality of business valuations around the world. The IVSC welcomes feedback on the proposal, and comments are due by August 1.
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