Recently, the International Valuation Standards Council ( International Valuation Standards Council, IVSC ) The International Valuation Standards have been published on the official website. 2017 Edition)》( International Valuation Standards 2017 The draft for soliciting comments is being widely circulated within the global asset valuation industry to gather feedback.

I. Status of the Revised Guidelines

International Valuation Standards ( 2017 Edition)》at 2013 Major adjustments have been made based on the original guideline structure. Currently, the guideline content includes: Introduction, IVS Framework, basic guidelines, and asset guidelines. The basic guidelines include: IVS 101 Scope of work, IVS 102 Investigation and Compliance, IVS 103 Report, IVS 104 Value type, IVS 105 Assessment methods. Asset guidelines include: IVS 200 Enterprises and enterprise rights, IVS 210 Intangible assets, IVS 300 Machinery and equipment, IVS 400 Real property rights, IVS 410 Real estate under construction, IVS 500 Financial instruments.

Specific adjustments include: 1.2017 The version guidelines are entirely composed of mandatory provisions; the following have been deleted: 2013 All guiding content in the version guidelines, including assessment guidelines and technical documents. 2. Provide more detailed explanations and regulations regarding value types and valuation methods, and establish them separately. IVS 104 Value type and IVS 105 Two major chapters on assessment methods. 3. To put 2013 in the version guidelines IVS 102 Implementation changed to IVS 102 Investigation and Compliance emphasizes the importance of assessing compliance with other relevant laws and regulations in practice. 4. At IVS The first article of the framework section adds guidance on the application of the guidelines and includes definitions for “appraiser” and “exceptions and deviations.” At the same time, definitions for price, cost, value, market, market activity, market participants, entity-specific factors, and asset aggregation have been removed. 5. According to 2013 The asset accounting standards have been renumbered in sequence, the structure of the standard content has been adjusted, and the explanatory notes from various asset accounting standards have been organized and incorporated into the standards themselves.

II. Soliciting Comments

Now IVSC Regarding the International Valuation Standards ( 2017 Edition)》is widely soliciting feedback from around the globe. Please refer to [link] for the original guidelines and requirements for submitting feedback. IVSC Website: https://www.ivsc.org/news/article/160408-international-valuation-standards-invitation-to-comment The consultation on the guidelines will be conducted in two phases. Please provide feedback on the guideline introduction, IVS framework, IVS 104 Value type, IVS 105 Evaluation methods and IVS 210 Feedback on the intangible assets portion is due on... 2016 Year 6 Moon 30 Recently sent to the contact email of the China Appraisal Society. Please submit your feedback on the remaining parts of the guidelines by [date]. 2016 Year 8 Moon 15 Sent recently, the China Appraisal Society will compile the comments and provide a unified feedback to... IVSC Industry experts and assessment agencies are welcome to actively participate and enthusiastically provide feedback.

Contact: Han   Ning

Contact phone number: 88339619

mail     Box: hanning@cas.org.cn

Recently, the International Valuation Standards Council ( International Valuation Standards Council, IVSC ) The International Valuation Standards have been published on the official website. 2017 Edition)》( International Valuation Standards 2017 The draft for soliciting comments is being widely circulated within the global asset valuation industry to gather feedback.

I. Status of the Revised Guidelines

International Valuation Standards ( 2017 Edition)》at 2013 Major adjustments have been made based on the original guideline structure. Currently, the guideline content includes: Introduction, IVS Framework, basic guidelines, and asset guidelines. The basic guidelines include: IVS 101 Scope of work, IVS 102 Investigation and Compliance, IVS 103 Report, IVS 104 Value type, IVS 105 Assessment methods. Asset guidelines include: IVS 200 Enterprises and enterprise rights, IVS 210 Intangible assets, IVS 300 Machinery and equipment, IVS 400 Real property rights, IVS 410 Real estate under construction, IVS 500 Financial instruments.

Specific adjustments include: 1.2017 The version guidelines are entirely composed of mandatory provisions; the following have been deleted: 2013 All guiding content in the version guidelines, including assessment guidelines and technical documents. 2. Provide more detailed explanations and regulations regarding value types and valuation methods, and establish them separately. IVS 104 Value type and IVS 105 Two major chapters on assessment methods. 3. To put 2013 in the version guidelines IVS 102 Implementation changed to IVS 102 Investigation and Compliance emphasizes the importance of assessing compliance with other relevant laws and regulations in practice. 4. At IVS The first article of the framework section adds guidance on the application of the guidelines and includes definitions for “appraiser” and “exceptions and deviations.” At the same time, definitions for price, cost, value, market, market activity, market participants, entity-specific factors, and asset aggregation have been removed. 5. According to 2013 The asset accounting standards have been renumbered in sequence, the structure of the standard content has been adjusted, and the explanatory notes from various asset accounting standards have been organized and incorporated into the standards themselves.

II. Soliciting Comments

Now IVSC Regarding the International Valuation Standards ( 2017 Edition)》is widely soliciting feedback from around the globe. Please refer to [link] for the original guidelines and requirements for submitting feedback. IVSC Website: https://www.ivsc.org/news/article/160408-international-valuation-standards-invitation-to-comment The consultation on the guidelines will be conducted in two phases. Please provide feedback on the guideline introduction, IVS framework, IVS 104 Value type, IVS 105 Evaluation methods and IVS 210 Feedback on the intangible assets portion is due on... 2016 Year 6 Moon 30 Recently sent to the contact email of the China Appraisal Society. Please submit your feedback on the remaining parts of the guidelines by [date]. 2016 Year 8 Moon 15 Sent recently, the China Appraisal Society will compile the comments and provide a unified feedback to... IVSC Industry experts and assessment agencies are welcome to actively participate and enthusiastically provide feedback.

Contact: Han   Ning

Contact phone number: 88339619

mail     Box: hanning@cas.org.cn