{"id":12213,"date":"2014-09-25T10:13:12","date_gmt":"2014-09-25T14:13:12","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/international-valuation-standards-and-who-sets-them\/"},"modified":"2022-11-22T08:44:49","modified_gmt":"2022-11-22T13:44:49","slug":"international-valuation-standards-and-who-sets-them","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/international-valuation-standards-and-who-sets-them\/","title":{"rendered":"International Valuation Standards and Who Sets Them"},"content":{"rendered":"

There isn\u2019t much variation in appraisal rules from one state to another. Each individual market varies a little depending on demand for a piece of machinery or equipment, but each asset in a west coast state would be treated (and likely valued) just like a piece of equipment in an east coast state.<\/p>\n

But what happens in other countries?<\/p>\n

That\u2019s why the International Valuation Standards Council<\/b><\/a> (IVSC) exists. Headquartered in London and incorporated in the US, the IVSC is a non-profit organization that creates and supports international appraisal standards that will be relied upon by investors and other third-party stakeholders. The organization is made up of major valuation standard-makers and professional associations from more than 40 different countries.<\/p>\n

But those aren\u2019t the only goals of the IVSC. They also:<\/p>\n