The actual universe of valuation standards

Abstract

In the actual context (with issues like as viability of the global markets, cross-border transactions, transparency in financial reporting etc.) it is a common interest for professional valuers, investors, universities, researchers etc. to consider a convergent set of global professional valuation standards. It is also in their best interest to work towards enhancement and refinement of valuation methodologies and applications to be prepared to address valuation issues that are bound to arise in the future. The paper is a view of actual universe of valuation standards and options for national valuation standard enforcements starting from the operating system named International Valuation Standards (IVS).