Expect more comments to the ITC to come from industry sources; for example, CUNA—Credit Union National Association, CFO Council has put out a call to members to submit internal comments by April 6th. And the ASA (American Society of Appraisers) has just announced that its newly-revamped BV Standards Committee, led by Chris Mercer, met last week to discuss a response to the FASB ITC as well as its approach to recent changes in USPAP.
To read all of the current comments to the FASB’s Invitation to Comment on Valuation Standards, click here. To review the project and submit a response by the April 15th deadline, click here.
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