REVASE A European Union Project

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Presentation transcript:

REVASE A European Union Project David Magor OBE IRRV (Hons) Chief Executive Institute of Revenues Rating and Valuation

A Statement from the European Commission "The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsi­ble for any use which may be made of the information contained therein."

The European Union Erasmus + Programme The Erasmus+ programme aims to boost skills and employability, as well as modernising Education, Training, and Youth work. The seven-year programme will have a budget of €14.7 billion Erasmus+ provides opportunities for over 4 million Europeans to study, train, gain work experience and volunteer abroad

The REVASE Project Resources for Education in Valuation Standards in Europe (REVASE) Funded from the European Union Erasmus + Programme The Partners of the project are: IPAV: the Institute of Professional Auctioneers and Valuers IRRV: the Institute of Revenues Rating and Valuation PFVA: Polska Federacja Stowarzyszen Rzecoznawcow Majatkowych the Polish Federation of Valuers' Associations TEGoVA: the European Group of Valuers' Associations LAPA: Latvijas Ipasumu Vertetaju Asociacija the Latvian Association of Property Appraisers

The National Agency and the Co-ordinator Léargas The national agency for the Erasmus+ programme in Ireland IPAV - the Institute of Professional Auctioneers and Valuers Erasmus action - Strategic Partnerships Erasmus key action – Co-operation for innovation and the exchange of good practices

The Purpose of the European Valuation Standards To assist in the preparation of coherent reports To promote consistency To enable users of valuations to understand them To provide a benchmark for the qualified valuer To increase public awareness of the role of the valuer To ensure clear and justifiable valuations To promote coherence in regulation To promote best practice THE REVASE PROJECT WILL ENHANCE THE PURPOSE OF EVS 2016

Purpose of the REVASE Project The development of a training resource for EVS 2016 Improving the level of key competences and skills in valuation Promoting the emergence and awareness of lifelong learning through better use of EU sponsored tools together with the dissemination of good practice. This is especially important in valuation, where new legislation stimulates and forces changes in valuation practice. Enhancing the European dimension of education and training through the promotion of capacity building Offering the opportunity to promote the teaching and learning of languages, as valuation becomes more of a profession with a strong international perspective.

Content of the REVASE Project EVS 2016 interpreted by Seven units, containing over thirty modules Delivered by A hard copy training resource A series of power point presentations An interactive training tool Accessible webinars Training Needs Analysis, and a Training Plan

Sharing the Project The dissemination programme Attending conferences Delivering webinars Magazine articles An individual copy of the training material will be given to each TEGOVA member The educational webinars and the Training Needs Analysis will be available to all TEGOVA members through the REVASE website

In Conclusion The European Valuation Standards are the essential “glue” of the valuation profession The standards lead the World in there application and quality Awareness of these standards is critical The output from this project is an important element of the “glue”