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WAVO | World Recognized Valuer
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THE PUBLIC ORGANIZATION
«PAN UKRAINIAN ASSOCIATION OF VALUATION SPECIALISTS»

WAVO WRV – The Global Valuer Alliance

At the General Assembly of World Association of Valuation Organizations (WAVO), which took place on June 14, 2019 in Frankfurt am Main, Germany, Pan-Ukrainian Association of Valuation Specialists (PUAVS) adopted to become WAVO members with the presentation of the corresponding WAVO Membership Certificate, and an agreement was reached on granting PUAVS from the authorized body of WAVO the right to certify its members with the status of WRV – World Recognized Valuer, introduced by WAVO – the most global organization of appraisers.

 

wavo-wrv-world-recognized-valuer

 

In September 2019, Commission for International Certification (CIC) was established by the decision of the Presidium of PUAVS to conduct international certification of practicing appraisers for obtaining the status of WAVO-WRV. In its activities, CIC is guided by the Regulations on the procedure for international certification of appraisers for the assignment of the WAVO-WRV status and relies on the guidelines on this issue of the WAVO Executive Committee (WAVO Executive Board www.wavoglobal.org).

In the fall of 2019, PUAVS also became a member of The International Valuation Standards Council (IVSC), having received the appropriate certificate. This certificate confirms the fact that PUAVS complies with the strategic goals of the IVSC, by participating in the development, adoption and implementation of the International Valuation Standards (IVS) and the development of the appraiser profession around the world.

At the end of October 2019, for the first time in Eastern Europe, appraisers – members of PUAVS – were certified for WRV status. Based on the results of the relevant certification session, 31 (thirty one) appraisers from among the members of PUAVS received WRV status.

In September 2022, the next certification of appraisers – members of PUAVS – for WRV status took place. Based on the results of the corresponding certification session, 28 (twenty eight) appraisers from among PUAVS members received the WRV status.

 

 

WAVO partner is IVSC and therefore the main requirement for applicants for WRV status is the knowledge of IVS and the ability to apply it in practical assessment. The peculiarity of the First certification for WRV status was determined by the fact that the certification was carried out on the basis of the new edition of IVS-2019, which will be put into effect on January 31, 2020. The certification session confirmed the high level of appraisers knowledge as professional appraisers and their solid theoretical background in understanding the provisions and requirements of IVS-2019.

PUAVS sent a list of all assessors with WRV status to WAVO headquarters in Singapore. Upon agreement and posting of a complete list of these persons on the official website of WAVO, the corresponding list of Ukrainian appraisers with the status of WRV is now posted on the official website of PUAVS.

Congratulations to all WRV appraisers and we wish them all creative success!

 

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