One of the eagerly awaited issues for 2024 at the AICPA FVS section is the continued understanding of artificial intelligence and its implications for forensics and valuation practitioners. This point was made during the FVS Forum session at the AICPA & CIMA Forensic and Valuation Services Conference in Las Vegas last week. The session had a panel of FVS section leaders who discussed the section’s five-year strategic plan, which includes several main goals, including building a global FVS community, providing for enhanced education for the FVS professional, and increasing FVS brand awareness and reputation. Other developments the FVS leaders are looking forward to most in 2024 include increased outreach efforts to universities and the Emerging Professionals Project, which will determine the needs of young FVS professionals and how best to satisfy those needs.

More details on the FVS section’s plans will be in the January 2024 issue of Business Valuation Update.