The International Valuation Standards 2020
WAVO welcome members, valuers and all related professionals
WAVO is pleased to announce this E-Learning course on the latest IVS 2020 following the signing of the Memorandum of Co-operation between WAVO and the International Valuation Standards Council (IVSC) on 2 November 2016. With the signing, WAVO would be conducting the training and education of the International Valuation Standards which was first released in January 2017 by IVSC.
The online course is provided to you via elearning.wavoglobal.org and we would need you to familiarize yourself with the functions and application of the format and how this course is being conducted.
Important Information to Note
- Upon registration, you will have up to 60 days to complete all the 13 modules offered in this course including all the MCQs in each of the modules and one final assessment test offered by WAVO. If you still require an extension of time (>60 days) to complete the course, you will be allowed to extend for a further 10 days from the expiry date. WAVO will charge a nominal fee of SGD 20 to cover the administrative cost to be incurred because of your extension.
- If you have any queries which you need to check regarding the administrative functions on payments and other issues about the course, please send us your queries via email marked “attention to course administrator” by clicking the link “firstname.lastname@example.org”.
- If you have any queries pertaining to the course lessons or you need to seek clarification, please send your queries marked “attention to WAVO lecturers” by clicking the link email@example.com and a response to your queries will be given to you in due course. Please note that there will be a delay in our response if your query is sent on a public holiday.
- You are required to complete all modules in this course. For WAVO to assess your understanding of each module, a basic assessment in multiple choice questions (MCQ) will be offered to you after you have reviewed all materials within each module and you click the link “Take MCQ”. When you have successfully passed the basic assessment MCQ, our system will prompt and bring you to the next module of the course i.e. If you are at Module 1, passing all the MCQ in Module 1 will then bring you to Module 2.
- You will progressively complete each module of the course until the final module (Module 13 of the IVS 2020). When you have reached this final module, the system will prompt you to take one final assessment test and to click the link “Take Final MCQ”. Upon successful completion of this test, WAVO would award you with a Certificate of Completion for the IVS 2020.
- It is important that you note the number of days since you have registered. You will be alerted if the number of days to complete the course is at 10 days and with the next alert at 5 days. It is important that you quickly contact the administrator to extend the number of days if this is required by you. You will be automatically logged out of the system upon expiration of the 60 days. Re-registration is required by you if you wish to continue with the course. A nominal fee will be charged by WAVO if you re-register within less than 10 business days and full registration fee will be payable if re-registration is 10 business days and beyond.
- This Certificate of Completion by WAVO will be emailed to the email address provided by you when you first register for the course.
All printable notes are in Adobe Acrobat Reader software.
Technical and Administrative Support
If you encounter any issue with the system, please quickly contact the support team at WAVO technical support. Or if you have any other queries on administrative matters, please quickly contact WAVO at firstname.lastname@example.org or tel +65 6222-3030.
Target Course Participants
This course is specifically developed with the key objective of providing a better understanding of the International Valuation Standards (IVS 2020). Valuers, real estate practitioners and other professionals who have financial or accounting qualification and training will find this course to be useful as the course provides a broad overview of the IVS 2020. We would further advise that registrants for this course to read the IVS 2020 as reference will often be made to the standards and for overall understanding and review of the standards itself. Registration for the WAVO IVS 2020 course does not include a copy of the IVS 2020. You may purchase it at IVSC website by following the link provided below.
Introduction and IVS Framework
The International Valuation Standards (IVS) were introduced by the International Valuation Standards Council (IVSC). Purpose is to secure their universal adoption and implementation for the valuation of assets across the world. They cover three broad sections, namely, IVS Framework, IVS General Standards and IVS Asset Standards. This 2020 version was first introduced in July 2017, and updated recently to be effective from 31 January 2020.
Module IVS 101: Scope of Work
Module IVS 102: Investigations & Compliance
Module IVS 103: Reporting
Module IVS 104 : Bases of Value
Module IVS 105 : Valuation Approaches and Methods
Module IVS 200 : Business and Business Interests
Module IVS 210 : Intangible Assets
Module IVS 220 : Non-Financial Liabilities
Module IVS 300 : Plant and Equipment
This Asset Standard describes the valuation of plant and equipment which are tangible assets usually held by an entity or used in manufacturing/production or supply of goods or services.
Module IVS 400 : Real Property Interests
Module IVS 410 : Development Property
Module IVS 500 : Financial Instruments
The International Valuation Standards 2020
20 January 2020 12:00 AM - 31 December 2020 12:00 AM (UTC + 08:00)
This class consists of 13 modules namely: