Covid-19 and the Valuation Profession

We are living through one of the most challenging and uncertain times in recent history.  As the global Covid-19 pandemic advances, governments, scientists, healthcare professionals, businesses and the public at large are having to respond in real time to new and often untested information and advice. The challenges ahead apply to every aspect of society.

Economies are also facing enormous upheaval.  Stock markets are being tested with huge daily volatility and businesses of all sizes have been affected in myriad ways.

For valuers, the uncertainty which permeates all markets will inevitably lead to challenges, not just in terms of carrying out valuations and determining value, but also in the reporting of those values in a way that is both helpful and informative to users.  The latest edition of IVS draws reference to this under sections 101 - 105 'General Standards'.  At the same time, we should not lose sight of the important role that professional valuers can, and will, play in restoring confidence to turbulent markets through the provision of well-evidenced and transparent valuations.

Discover more in the latest issue published by the International Valuation Standards Council.













































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