This course enlightens valuers, users of valuation services and the public to the recent updates in global valuation standards that include IVS, Red Book and USPAP showing the differences between an IVS compliant appraisals and USPAP compliant report.
As a valuer, your clients and stakeholders rely on you to provide valuations for inclusion in financial statements, regulatory compliance or to support secured lending and transactional activity. The International Valuation Standards Council (IVSC) has significantly revised its International Valuation Standards (IVS) to build confidence and public trust in the valuation process. The new guidelines create a framework to help you deliver credible valuation opinions in a professional and ethical manner. These guidelines will be compared to USPAP to provide you with a greater understanding of credible and compliant valuation. By attending this course, all practitioners, stakeholders and end-users will be able to demonstrate comprehension of the new mandatory requirements to provide to IVS 2017-compliant valuation reports. Attendees will understand the similarities between the more common USPAP guidelines and see how IVS appraisals differ in certain regards such as terminology, emphasis on scope of work and departures allowed.
This course will clear up the differences between USPAP-compliant appraisals and IVS-compliant appraisals, pointing out their differences and similarities. The class will include interactive activities, and you will be able to communicate directly with your expert presenter, asking any questions you need to.
This course is appropriate for anyone in the valuation field. It is especially designed to focus on providing a clear answer to the question "what I need to do to be IVS or USPAP-compliant, and how can I use to expand my client base?"
This class will be delivered in person with practical breakout sessions, interactive discussions and activities integrated throughout to support your learning.
By the end of this course, you will: