Appraisers should take note of this pending FASB action

BVWireIssue #201-3
June 19, 2019

fair value for financial reporting
ASA, fair value, fair value measurements

A pending FASB Request for Comment pertaining to ASC 350 and 805 may impact the demand for valuation services related to financial reporting. This was discussed at the recent 38th Annual SEC and Financial Reporting Institute. Tony Aaron and Tom Ryan, both with the USC Leventhal School of Accounting, participated in this event and will give an update at the ASA/USC 14th Annual Fair Value Conference at KPMG in Los Angeles tomorrow (June 20). Other important developments to be discussed at tomorrow’s one-day conference include:

  • How concepts relevant to cryptoasset valuations are central to a range of complex valuation challenges increasingly faced by business appraisers;
  • New research into terminal value calculations;
  • Trends in software valuation, including data-related intangible assets;
  • Latest initiatives from the AICPA, ASA BV Committee, PCAOB, and IVSC;
  • An update on the CEIV credential; and
  • The most recent study of expected returns in the private capital markets.

You can attend this important event either in-person or via live streaming if you click here.

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