IVSC Issues Exposure Draft for 2028 International Valuation Standards

Posted 19 February 2026 Written by Acts Online
Category Accounting and Auditing

Brought to you by SA Accounting Academy: The International Valuation Standards Council (IVSC) has published an Exposure Draft detailing proposed updates to the International Valuation Standards (IVS). The proposed revisions incorporate guidance on artificial intelligence and sustainability considerations.

The International Valuation Standards Council (IVSC) has issued an Exposure Draft proposing comprehensive updates to the International Valuation Standards (IVS). These standards provide the principles-based framework for the valuation of assets and liabilities across more than 100 jurisdictions. The proposed changes are intended to form the basis of the next edition of the IVS, which is scheduled for publication in January 2027 and is set to become effective from 31 January 2028.

The Exposure Draft introduces several technical updates and new areas of focus, including:

  • Revised and updated glossary definitions to ensure consistency across asset classes.
  • Expanded scope and data requirements for valuation engagements.
  • New guidance on the use of Artificial Intelligence (AI) within the valuation process.
  • Integration of sustainability and ESG (Environmental, Social, and Governance) considerations into valuation frameworks.
  • Enhanced reporting requirements, specifically regarding the disclosure of key valuation assumptions and the use of valuation ranges.

Click here to download the 189-page IVS Exposure Draft (Effective 31 January 2028).

What this means for you, your business, or your clients

  • For yourself: You must familiarise yourself with the proposed AI and sustainability reporting requirements to ensure your professional competencies align with the 2028 standards.
  • For your business: Your firm will need to update internal valuation methodologies, data collection protocols, and reporting templates to accommodate the expanded disclosure requirements for assumptions and ranges.
  • For your clients: Clients will receive more transparent valuation reports that explicitly detail the impact of sustainability factors and the specific assumptions used to reach valuation conclusions.

Originally published at https://accountingacademy.co.za/news/read/ivsc-exposure-draft-proposed-changes-to-ivs

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