Ivsc standards and their type

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IVSC standards are international valuation standards that provide guidance on valuation practices.

IVSC stands for International Valuation Standards Council
There are three types of IVSC standards: General Standards, Asset Standards, and Business Valuation Standards
General Standards provide guidance on the overall valuation process
Asset Standards provide guidance on the valuation of specific types of assets, such as real estate or intangible assets
Business Valuation Standards provide guidance on the valuation of businesses
Examples of IVSC standards include IVS 101 Scope of Work, IVS 201 Market Value, and IVS 300 Plant and Equipment