IBBI RVO RECOGNITION NO. – IBBI/RVO/2018/006

ICAI Valuation Standards

ICAI Valuation Standards 2018
The Institute of Chartered Accountants of India has issued the ICAI Valuation Standards 2018 to ensure the consistent, uniform and transparent valuation policies for the members undertaking the Valuation Assignments.

With a vision to promote best practices in this niche area of practice, the Standards lay down a framework for the chartered accountants to ensure uniformity in approach and quality of valuation output.

The Valuation Standards have been issued by the Institute of Chartered Accountants of India to set up concepts, principles and procedures which are generally accepted internationally having regard to legal framework and practices prevalent in India.



Applicability of Valuation Standards:
The ICAI Valuation Standards are applicable for all valuation engagements on mandatory basis for members undertaking valuation engagements under the Companies Act 2013. In respect of Valuation engagements under other Statutes like Income Tax, SEBI, FEMA etc, it will be on recommendatory basis for the members of the Institute. These Valuation Standards are effective for the valuation reports issued on or after 1st July, 2018.

These standards come as ICAI’s consistent drive to guide its members for ensuring high quality work and standards. Accordingly, ICAI Valuation Standards, 2018 are applicable on recommendatory basis for all the valuation engagements undertaken by members under various laws.

In this regard, all the members of the Institute are advised to follow the ICAI Valuation Standards 2018 while conducting any type of Valuation Engagement to ensure uniformity and transparency.



ICAI Registered Valuers Organisation

IBBI RVO Recognition No. – IBBI/RVO/2018/006

Registered Office:
ICAI Bhawan, Indraprastha Marg,
New Delhi – 110002

Corporate Office

ICAI Bhawan, 4th Floor, A-29, Sector – 62,
Noida – 201309
Phone: 0120-3876867
Website: https://www.icairvo.in
E-Mail: icairvo@icai.in / rvocourse@icai.in

ICAI RVO

The ICAI Registered Valuers Organisation is a section 8 Company formed by the Institute of Chartered Accountants of India to enroll and regulate registered valuers as its members in accordance with the Companies (Registered Valuers and Valuation) Rules, 2017.