The International Association of Consultants, Valuators and Analysts (IACVA) and the Middle East Charter (together with Business Valuation Resources and the China Appraisal Society) held a busy International Conference 2015 at the Al Murooj Rotana hotel in beautiful Dubai on Dec. 13 and 14, 2015. IACVA presented the Honorary Member status to Elvin Fernandez of Malaysia for his many years of contribution to the valuation profession.

In addition, the newest charter member of IACVA (from Malaysia) was announced and introduced at this conference. This new charter was started entirely by Malaysian real estate appraisers who see that business valuation skills have become indispensable in the economic crossroads of Malaysia and the four Association of Southeast Asian Nations (ASEAN) countries.

Bill Hanlin and Jim Horvath (IACVA president and chairman, respectively) welcomed the delegates and shared how business valuation is now practiced worldwide using the same fundamentals and theory. The days of each practitioner using their own individual methods developed over their career is past, as the global markets in M&A and financial reporting demand transparency and adherence to common practices.

For more coverage of this conference, see the post in the BVWire newsfeed.