About WAVO
The global voice of the valuation profession.
The World Association of Valuation Organisations (WAVO) is the global umbrella for Valuation Professional Organisations — promoting best practices, supporting the application of International Valuation Standards, and facilitating lifelong learning.
Since 2004
History
WAVO was established as an association of valuation organisations in April 2004 by a few key valuation organisations in the Pacific Rim region, with an original focus on the development of the valuation profession. It organises courses, seminars and conferences, and supports the implementation of international valuation standards. The first WAVO Congress was held in Singapore over 3 days from 27–29 November 2006.
The second WAVO Congress was held in Beijing in October 2007, and from that date an International Congress has been held annually or every two years. The 10th WAVO Congress was held in Gold Coast, Australia from 23–25 October 2019. The 11th WAVO Congress was held on 6–7 September 2024 in Bucharest, hosted by ANEVAR.
At the 8th WAVO Congress in Daegu, Republic of Korea in November 2016, the IVSC and WAVO signed a Memorandum of Co-operation between Sir David Tweedie (then Chair of IVSC Board of Trustees) and Dr Lim Lan Yuan, JP (then Executive President of WAVO).
Under the MOC, WAVO and IVSC collaborate to develop the valuation profession and enhance its professionalism through joint activities, projects, exchanges, workshops and seminars.
The inaugural IVSC/WAVO Global Valuation Conference was held in Singapore in June 2018. Subsequent conferences took place in Frankfurt (2019), Berlin (2022), and New Zealand (2023). The 5th IVSC-WAVO Global Valuation Conference, hosted by the API, was held in Sydney in June 2025.
Purpose
Mission
Public interest
WAVO acts in the public interest and has no profit-making purpose.
Global voice
To be the global voice of the valuation profession.
Quality & uniformity
WAVO works closely with VPOs to develop and enhance the valuation profession, ensuring services of consistent high quality.
Best practices
Promoting best practices, supporting recognised valuation standards, encouraging higher education, and facilitating lifelong learning.
Strategy
Key objectives
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01
Serve the public interest by enhancing a global valuation profession that is transparent and consistent.
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02
Promote the global valuation profession and speak out on the current issues facing it.
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03
Provide feedback to IVSC on the development of International Valuation Standards and support their adoption.
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04
Assist, guide and monitor the application of the IVS.
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05
Strengthen governance relating to compliance with WAVO Member Organisations for VPOs.