{"id":12313,"date":"2012-09-19T20:52:11","date_gmt":"2012-09-20T00:52:11","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/who-sets-the-international-valuation-standards\/"},"modified":"2022-12-27T07:42:00","modified_gmt":"2022-12-27T12:42:00","slug":"who-sets-the-international-valuation-standards","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/who-sets-the-international-valuation-standards\/","title":{"rendered":"Who Sets the International Valuation Standards?"},"content":{"rendered":"

Is there much variation in appraisal rules from one state to another? Not really. A piece of machinery or equipment appraised<\/a> in a west coast state would be treated (and likely valued) the same as a piece of equipment appraised in an east coast state.<\/p>\n

So that answers the question as it relates to the U.S. But what about other countries?<\/p>\n

That\u2019s where the International Valuation Standards Council<\/a> (IVSC) comes in. The IVSC is a non-profit organization, headquartered in London and incorporated in the United States, that develops high-quality international appraisal standards and supports their adoption around the world. Its focus is on setting standards for appraisals that will be relied upon by investors and other third-party stakeholders. The organization\u2019s members include major valuation standard-makers and professional associations from more than 40 different countries.<\/p>\n

Some other goals of the IVSC include:<\/p>\n