Highlights from the international business valuation VRG event


Highlights from the international business valuation VRG event

International collaboration

It seems so long ago that large international events were conceivable given the current COVID-19 pandemic. But in October 2019 the Valuation Research Group (VRG), brought together 60 executives from 14 member countries for our international member firm meeting.

The meeting, held in sunny San Sebastián, Spain, was an opportunity to make further personal connections amongst member firms, explore how to further leverage technical and industry expertise within the group and discuss client needs across geographies to identify any emerging trends.

Director Dave Pearson represented Leadenhall and Australia at the meeting. Of the experience, he observed, “Ultimately, it’s a great forum to collaborate with our global peers and generate new ideas that strengthen our ability to provide global perspectives to our clients.”

Dave was involved with leading and participating in two key sessions:

  • Regulation in Valuation: still a very fragmented market. Creating a global profession.”  This session featured a roundtable which was moderated by Richard Stokes of the International Valuation Standards Council (IVSC) and included senior leaders from member firms from the US, Canada, Japan and the UK.
  • Valuation issues in the cannabis sector.” This session generated so much discussion and interest that we are working on a follow up publication with our member firms in the US and Canada.

For further information about VRG click here.

This year was a big step forward in strengthening the group which included establishing an executive committee, launch of a new website and development of a number of technical and industry-specific global webinars to share insights and knowledge across all member firms.  We look forward to helping strengthen the group over the coming 12 months and beyond.

Photo gallery

Click through a few photos of the event below.



leadenhall's market discount rate update 31 March 2024


Markets have declined over the last quarter as persistent inflation and the potential for further rate rises continue to weigh on the ASX 200. These fears have seen a rapid increase in government bond yields over the last month. With market conditions continuing to evolve rapidly, we have provided an update on our assessment of discount rates as at 30 September 2023.

Appraisal Foundation brief Professional Interactions Unique to Fair Value for Financial Reporting

Guidance regarding interactions between auditors and valuers

The Appraisal Foundation recently issued for comment a draft valuation brief titled Professional Interactions Unique to Fair Value for Financial Reporting. The article made several practical recommendations that are applicable to almost all auditor and valuer interaction.

Discount Rate 31 Dec 2023

Market Discount Rates – 31 December 2023

Optimism around the easing of inflation and potential interest rate cuts led to a rally in equity markets towards the end of December 2023. With markets continuing to fluctuate significantly, the selection of a reasonable discount rate remains a key consideration, whether for the purpose of financial reporting or for any valuation analysis.