Singapore valuers’ institute working with key international organisations; public views to be sought in H1 2025
BUSINESS valuers can look forward to more guidance on how to value non-physical assets such as brand value, intellectual property and technology in their valuation reports, through a new set of guidelines co-developed by Singapore’s professional business valuation body.
The Institute of Valuers and Appraisers, Singapore (IVAS), said on Wednesday (Aug 28) that it is working with key international valuation professional organisations – the American Society of Appraisers, the Canadian Institute of Chartered Business Valuators and the UK-based Royal Institution of Chartered Surveyors – to develop guidelines on intangible assets.
IVAS intends to seek public feedback on the proposed guidelines in the first half of 2025.