‘The valuation profession has always played an important role in the financial reporting process. However, in a world where investment in intangible assets is becoming more mainstream, and at a time when market uncertainty places a particular emphasis on specialist valuation expertise, this role is becoming even more important,’ says IVSC ED Nick Talbot.
Recognising this, IVSC have posted a new interview with the leaders of the European Financial Reporting Advisory Group (EFRAG) recently. EFRAG is a private not-for-profit association established in 2001, with the backing of the European Commission, to develop and promote European views that inform the standard-setting work of the International Accounting Standards Board (IASB).
IVSC interviewed EFRAG CEO Saskia Slomp, chair of the EFRAG Technical Expert Group Chiara Del Prete, and Senior Technical Manager Rasmus Sommer to find out more about EFRAG’s work and how it interacts with the valuation profession.