Global BV News: Reminder: Comments due on exposure draft on nonfinancial liabilities

BVWireIssue #197-3
February 20, 2019

global business valuation
international valuation standards, business valuation profession, global business valuation education, international business valuation

Comments are due by April 1 on IVS 220 Non-Financial Liabilities, a draft standard the Business Valuation Board of the International Valuation Standards Council (IVSC) developed. Nonfinancial liabilities include such items as deferred revenue, warranties, environmental liabilities, asset retirement obligations, certain contingent consideration obligations, loyalty programs, certain litigation reserves and contingencies, and certain indemnifications and guarantees. A final standard is expected to be issued later this year and would have an effective date no earlier than Jan. 1, 2020. Please send comments to
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