Attendees at this past Monday’s meeting held by The Appraisal Foundation in Washington, D.C., were reminded to submit comments on the exposure draft, The Measurement and Application of Market Participant Acquisition Premiums. Comments are due November 1, says Dayton Nordin (Ernst & Young), a member of the work group that developed the standard.
Other projects: Two other TAF standards projects are in the works: Valuation of Customer-Related Assets, which is “in the last stages of review” and should be issued by the end of this year, according to PJ Patel (Valuation Research Corp.), a member of the project’s work group. A third TAF work group is developing Contingent Consideration, which is still in the formative stage, Alok Mahajan (KPMG) told the audience.
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