International and European Valuation Standards

IVS valuations

IVS valuations

Valuations in accordance with International Valuation Standards, issued by the IVSC (International Valuation Standards Council). The IVS represent the generally accepted valuation principles in the profession, which promote transparent, consistent and standardised processes that protect the public interest.

The International Valuation Standards Council (IVSC) is an independent, non-profit organisation, formed by almost 100 organisations from all over the world.

Its objective is that IVS and national standards complement each other and are compatible in the realisation of valuations for inclusion in financial statements in accordance with IAS-IFRS (International Accounting Standards/ International Financial Reporting Standards), regulatory compliance or as support for the granting of loans and the realisation of both national and cross-border transactions.


International Valuation Standards

International Valuation Standards
The contents of the commonly known as the White Book cover not only the valuation of real property, but also of all kinds of assets (intangible assets, plant and machinery, partial interests, financial instruments, businesses, etc.). IVS have been adopted by and included in the RICS Red Book and are mandatory for all of its members.

EVS valuations

Valuations in accordance with European Valuation Standards published by TEGoVA (The European Group of Valuers' Associations). Valuation reports which are homogeneous and consistent, compatible with international practice and with international accounting and valuation standards, as well as EU law and, as such, the only rules adapted to the specific circumstances that apply in Europe.

El Grupo Europeo de Asociaciones de Valoradores es una asociación internacional sometida a Derecho belga, compuesta por más de 70 asociaciones profesionales que representan a tasadores de más de 35 países europeos, junto con otros miembros observadores de diferentes países.

TEGoVA can grant their member associations the power to recognise its individual members as REVs (Recognised European Valuers). In the case of Spain, where there is a model of regulated companies, a final C is added to the acronym, meaning Recognised European Valuation Company (REVC). Alia Tasaciones is recognised as an REVC since June 2015, with registration number REVC-E/ATASA/2019/1/.

The European Group of Valuers Associations

European Valuation Standards

European Valuation Standards
The contents of the commonly known as The Blue Book aim to meet the needs of European valuers, as well as to reflect the effect of European Union law into property valuation. They are a set of rules on valuation (standards, guidance notes, codes, information papers) which provide a frame of reference for the valuers of the European States.

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