The International Standards Valuation Council has just published two technical information papers (TIPs) on the cost approach and intangible assets. According the IVSC’s most recent e-newsletter, the two new papers “will be available to purchase online shortly from the new IVSC web site, which is almost ready to be launched.”

Also in international BV news, last week the Royal Institute of Chartered Surveyors (RICS) released its 2012 Valuation—Professional Standards (also known as the “Red Book”). The new edition incorporates a number of changes to the existing standards to make them fully compliant with the International Valuation Standards from the IVSC, which itself has no regulatory role.