A session on The Appraisal Foundation’s exposure draft on its control premium standard, The Measurement and Application of Market Participant Acquisition Premiums, was held at the ASA conference in Las Vegas. Dayton Nordin (Ernst & Young), a member of the work group that developed the standard, conducted the session. The public comment period has been extended to November 30, says Jay Fishman (Financial Research Associates), who is co-chair of the TAF’s subject matter expert group on best practices for valuations in financial reporting. The exposure draft contains instructions for submitting comments.
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