Valuations vs. Calculations: Advice and Guidance From Professional Standards
Training Event Transcripts
July 11, 2013
Edward J. Dupke, CPA/ABV/CFF/CGMA, ASA
Curtis R. Kimball, CFA, ASA
Linda B. Trugman, CPA/ABV, MCBA, ASA, MBA
At first glance, the choice between a valuation and a calculation is simple. Each is a well-defined option for the business appraisal process, with a clear scope and a clear outcome. A closer look, however, reveals many questions and gray areas. How, for instance, should an appraiser reconcile the definitions SSVS and USPAP put forth? What liabilities, if any, are an appraiser exposed to under either a calculation or a valuation? In Valuations vs. Calculations: Advice and Guidance From Professional Standards, BVR welcomes an all-star panel to discuss these and other obstacles facing appraisers trying to make sense of this seemingly simple choice.