Fair value sparks changes to valuation profession

BVWireIssue #155-1
August 5, 2015

In a recent article in Accounting Today, Mark Zyla (Acuitas Inc.) says that recent trends in fair value measurement for financial reporting are changing the valuation profession in a variety of ways. These trends include:

  • Concerns expressed by the Securities and Exchange Commission about valuation professionals who measure fair value for public companies;
  • Alternative fair value measurement standards for private companies provided by the Private Company Council;
  • Increasing internationalization of the valuation profession and valuation standards as a consequence of cross-border mergers and acquisitions; and
  • Development of best practices by the valuation profession for fair value measurement in financial reporting.

Zyla is the author of Fair Value Measurement: Practical Guidance and Implementation, 2nd Edition, which is available here.

Please let us know if you have any comments about this article or enhancements you would like to see.