Want to add CEIV™ to your list of credentials? It stands for Certified in Entity and Intangible Valuations™, and it’s part of the ongoing initiative designed to improve financial reporting valuations for U.S. publicly traded companies. The ASA, AICPA, and RICS have spearheaded the initiative that includes the development of the new CEIV credential. Individuals must attain the credential through one of the approved valuation professional organizations (VPOs) and adhere to the ethical and membership requirements of that VPO. There are other requirements for attaining the credential, including experience, education, submitting to an ongoing engagement-level quality review process, and complying with a new performance framework to ensure confidence in the consistency and transparency in the credential holder’s work, all to the benefit of the public interest. A special website is now up and running, so you’ll find more details there.
Acronym unveiled for new fair value credential
BVWireIssue #167-2
August 10, 2016
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