Sir David Tweedie will discuss how adoption of international valuation standards (IVS) will impact appraisers in the U.S. when he gives the keynote address at the American Society of Appraisers Joint ASA 2019 Advanced Business Valuation & International Appraisers Conference in New York City on August 25-27. In an interview, Tweedie, chairman of the International Valuation Standards Committee (IVSC), gave the ASA a preview of other things he’ll talk about, including his predictions for significant future changes. IVSC technical boards are “looking at issues as broad as social value, biological assets, cryptocurrency, valuation models, non-financial liabilities and inventory, to test the need for new or revised standards,” he says. “One asset class that we expect to see grow significantly within the IVS over the next five years is financial instruments.” Earlier this year, the IVSC launched a new Financial Instruments Board that is “looking to build and enhance the chapter (IVS 500) which covers these assets today.” You can read the full interview if you click here.
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