Conceived by a small and committed group of valuation professionals, the newly created Fair Value Forum (FVF) addresses fair value accounting and “its significant role in changing the standards of practice within the business valuation industry.” Based in Silicon Valley, CA but with a membership that spans the country, the Fair Value Forum gathers 10 times a year to:
- Discuss relevant issues;
- Engage the regulatory community (the IRS and SEC);
- Publish white papers; and, ultimately,
- Elevate the practice of business valuation.
“Through its collective efforts and wisdom, the FVF plays a vital role in developing and disseminating best practices among the growing population of valuation practitioners,” say the founders at the FVF website. For instance, a new article by members Annika Reinemann and Joe Orlando takes a closer look at implied Discounts for Lack of Marketability, examining not only two existing approaches, but proposing a third. To view the complete article, click here.
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