After couple of years of collaboration in the organization of internationally recognized courses for business valuations in Serbia in English language, National Association of Valuers of Serbia (NAVS) has signed License Agreement with the International Institute for Business Valuation (iiBV) for business valuation courses to be held in Serbia, on Serbian language, whereby courses on Serbian language will be accredited by ASA due to agreement between iiBV and American Society of Appraisers (ASA).
Agreement between NAVS and iiBV represents a historical moment in the education of all interesed in business valuation in Serbia because until recently internationally recognized education was mostly available to employees in well-known auditing companies, through their “in-house” trainings and some through iiBV and/or ASA courses. An easier and more approachable access to internationally recognized education for business valuations , in Serbian language, will provide harmonization of practice in this field and will rise quality of valuations among all valuators who work in their own smaller companies. Domestic valuers of business valuation, with the necessary condition for education, and by meeting all other conditions will be able to acquire internationally the most famouse accreditation for business valuation – ASA.
Danijela Ilic, FRICS, REV, President of NAVS commented that “although for the past several years iiBV have held courses for business valuations, in English language, in NAVS, a big step forward has been made in support of domestic valuers of business valuations because it will be provided education in Serbian language for them. The Licence Agreement involves freequently update of educational materials on a regular basis by iiBV course curators that are recognized both as experienced business valuers and as experts in knowledge transfer.