Xi'an Conference will be held in September, 2012, from 20 to 22.  Please send e-mail to info1@iacva.org if you're interested.

William Hanlin, IACVA President, paid a courtesy visit to Chongqing Foreign Trade & Economic Relations Commission on October 20, 2011.The vice director general Song Xiaoguo welcomed Mr. Hanlin’s visit. In the detailed discussions, Mr. Hanlin learned more about Chongqing’s development environment and opportunity, as well as expressing interest in IACVA cooperating with the Commission. Chongqing is the largest municipality in China with a population of 32 million. It is traditionally a heavy machinery and auto industry center. It has a Free Trade area called Liang Hui, two national comprehensive bonded ports and four hi-tech processing zones. In the next five years, Chongqing plans to invest 30 billion US dollars abroad. It also aims to encourage world-class manufacturing industries and financial institutions to settle in Chongqing by giving them preferential policies.

Mr. William Hanlin also met Zhu Dalun the chief supervisor of Chongqing Free Trade Port Area Development & Management Co., LTD.

People who attended the meetings think it’s a good opportunity to build a platform that offers service for foreign investment and the globalization of China’s industries. After his trip, Mr. William Hanlin wrote to Chongqing Foreign Trade & Economic Relations Commission and Chongqing Free Trade Port Area Development & Management Co., LTD to express his grateful thanks for their warm reception.

Don't have time to attend live training?  Why not sign up for our self-study program!
For limited time only, we are offering a 10% discount for all candidates signing up for CVA self-study program in Asia in the month of October 2011!

Live Training Schedule:

2011
December 17th and 18th - Shen Zhen Shanghai Hotel - CVA Exam Review
December 23rd  - Shen Zhen Shanghai Hotel - CVA Case Study Review Course

2012
January 5th and 6th - Shen Zhen Shanghai Hotel - CVA exam review
January 7th  - Shen Zhen Shanghai Hotel - CVA Case Study Review Course
January 8th - Shen Zhen Shanghai Hotel - CVA Report Writing Course

IACVA proudly announces the formation of a new Chapter in Australia, headed by Morris Kaplan of Rose Bay, New South Wales (outside of Sidney!). Although he will be unable to attend the World Council meeting in Dusseldorf (November) he has been active with us at headquarters for several years as we have attended various world events in Australia (as well as throughout Asia) together. We are currently working on a schedule for CVA training classes within Australia, but cannot announce them quite yet. Please drop him a note to introduce yourself if you will be working or traveling in Australia (Morris Kaplan, Morris.Kaplan@gwo.net.au ).

With the rapid development of IACVA throughout the world, more and more Charters have come into being. The latest is a new one in Canada, our home country,, which is led by Michel Regimbald; it will soon have almost 40 members.  It is worth noting that our own Chairman, James Catty is also included in IACVA-Canada Charter group.
Michel’s group is leading the project to introduce a graduate level CVA course in universities. It will be available globally to students in graduate finance, accounting and other related fields. Michel is headquartered in the Montreal area.

Canada’s new charter comes on the heels of the new Russia-CIS Charter.

The opportunities and challenges from the International Accounting Standards

On May 31st 2011, a symposium named “The Global View of Valuation Industry” was held by IACVA and Visionaire Advisors Co., Ltd. in Shanghai, China.

During the seminar, Bill Hanlin (president of IACVA), Susan Yi (VP of IACVA- Asia), Ms Jennifer Chen (Taiwan Charter of IACVA) and Mr. Simon Chen (Regional Director of Jones Lang LaSalle Sallmanns), all gave an impressive presentations.  The topics included: the impact of IFRS on valuation industry, the practice development of CVAs, the chances of professional service for international firms, the loopholes of overseas investment.

The president of Visionaire Advisors said, “These three topics are timely: Chinese companies have come to an international merger stage, the international version of China stock market is being looked forward to. It has been almost one hundred years that valuation developed overseas.  And it has been 20 years since the first IAS (International Accounting Standards) was published.  Therefore, it is meaningful to hold such an international conference at this time.”
Over 40 professionals attended this symposium, many from the big 4 accounting firms & businesses with international investments. A representative from Shanghai SASAC (State-owned Assets Supervision and Administration Commission) also participated.

IACVA is pleased to announce the opening of the CIS (Commonwealth of Independent States) affiliate in Moscow, Russia.
William Hanlin, President, stated that with the signing of this agreement with Igor Artemenkov, President, IACVA Russia & CIS, that the globe's largest association of business and intangible asset valuators now trains and certifies CVA's (Certified Valuation Analysts) in over 47 nations.
Jim Catty, Chairman of IACVA added that there are more than 8,500 CVA's around the globe, all trained and certified to the same high level of expertise. Formal regional professional associations have been established in 8 key locations: USA, Europe, Africa, Taiwan, Korea, China, Middle East, and now the CIS. William Hanlin indicates that two additional regions are within weeks of finalizing the establishment of their regional organizations. He also indicated that recent changes in international accounting standards are driving the interest to a single, consistent, standard of valuation.
Inquiries may be directed to IACVA Headquarters (www.iacva.org, +1 206 623-3200) or to any of the regional associations. Information on global valuation conferences and training is available on the group’s website (www.iacva.org).

From May 9th to 11th, IACVA President William Hanlin visited KVA to discuss cooperation with IACVA. 
On May 9th, Mr. Hanlin visited the city of Daejeon, the birthplace of KVA. There, he met with Dr. Seol, Society Honorary Chairman of KVA, Dr.Lee from the University of Science and Technology, and Mr. Park, president of the Daejoen chapter of KVA. Mr. Hanlin delivered a speech on Global Trends and Future of Valuation, upon which the attendees expressed favorable opinions.
On May 10th, Mr. Hanlin visited the Korea Institute of Science and Technology Information (KISTI), and had a warm discussion with the KISTI members about recent valuation trends.
This year, KVA has launched three training sessions for CVA candidates. During this trip, Mr. Hanlin also went to the location of the Korean CVA training, and gave his warmest greetings to the trainees.  So far, KVA has established five branch offices to build-up a network.

On April 1st, Chairman of the Board, James Catty and IACVA President, William Hanlin visited Shaanxi Jindi Law Firm. The two parties discussed about their future cooperation.

During the conference, Mr. Hanlin illustrated the professional services of CVA and CFD to the management of Jindi Law Firm. Both sides exchanged ideas on areas of cooperation between business and legal professionals. The two parties also put forward suggestions for future cooperation and both believed that cross discipline cooperation would have a bright future. The initial steps of cooperation had also been established.

Shaanxi Jindi Law Firm has more than 60 attorneys who offer services in legal consultancy, dispute settlement and other criminal and civil affairs. It is the largest local law firm in Northwestern China region.

On March 31,2011, Chairman of Board, James Catty and IACVA President, William Hanlin visited Xi’an Zhengheng Valuation Inc. They talked about the cooperation between IACVA and Zhengheng Valuation Inc.

During the meeting, the two sides discussed issues related to the market of business valuation, valuator training and future cooperation. Mr. Lei introduced the history and developing process of Zhengheng, as well as the current situation of valuator training in their firm. Mr. Hanlin expressed his confidence about the bright future of valuation profession in China and IACVA’s willingness to cooperate with Zhengheng Valuation Inc.