News Category: fair value for financial reporting


How to document the selection of a royalty rate when valuing intellectual property assets or rights

Under the Mandatory Performance Framework (MPF) for the Certified in Entity and Intangibles Valuation (CEIV) credential, valuation experts will be expected to have a certain amount of documentation in their work files. Regardless of whether you hold the CEIV credential or not, anyone doing fair value for financial reporting should comply with these new rules. This post covers how to document the selection of a royalty rate when valuing intellectual property assets or rights. Read more >>

How to document the life for the projection period with respect to noncontractual customer-related intangible assets

Under the new requirements for fair value for financial reporting, valuation experts will be expected to have a certain amount of documentation in their work files. The new requirements are contained in the Mandatory Performance Framework (MPF) for the Certified in Entity and Intangibles Valuation (CEIV) credential. Regardless of whether you hold the CEIV credential or not, anyone doing fair value for financial reporting should comply with these new rules. Read more >>

Conference season is upon us: Key takeaways from the ASA/USC Fair Value Conference in Los Angeles

The growing importance of fair value for financial reporting and the ongoing efforts to improve the quality in this area triggered a sell-out for the live ASA/USC 13th Annual Fair Value Conference. For those not able to attend in person or tune into the webcast, BVR’s own executive editor, Andy Dzamba, was there and shares his key takeaways from the event. Read more >>

Zyla Gives Update on Fair Value Developments

We attended the Southeast Chapter of Business Appraisers (SECBA) conference in Atlanta last month where Mark Zyla (Acuitas) talked about how the area of fair value is serving as a focal point for the profession to unify itself. Read more >>

AICPA unveils new CVFI credential for financial instruments

Comments are due Sept. 26, 2017, on an exposure draft of a “disclosure framework” that establishes parameters of documentation requirements for the Certified in Valuation of Financial Instruments (CVFI) credential. Read more >>

AICPA issues its first wave of CEIV credentials

The American Institute of CPAs (AICPA) has doled out its first batch of certifications for the new Certified in Entity and Intangible Valuation™ (CEIV™) credential for individuals doing fair value measurements. Read more >>

FVQI exposure drafts comment period extended to August 24

You now have until August 24 to comment on two important exposure drafts that relate to the ongoing fair value quality initiative (FVQI) designed to improve financial reporting valuations for U.S. publicly traded companies. Read more >>

Survey participants needed in new research on fair value estimation

Last year, the Public Company Accounting Oversight Board (PCAOB) issued for public comment a staff consultation paper on potential standard-setting activities related to the auditor using the work of specialists, including valuation professionals. The University of Wisconsin-Madison is conducting a survey on the role of specialists in developing and evaluating the fair value estimates used in audited financial statements. This research may help in the PCAOB’s standard setting in this regard. Read more >>

Some key takeaways from the ASA/USC fair value conference

There was record attendance at the ASA/USC 11th Annual Fair Value Conference in Los Angeles. BVWire was there and here are a few takeaways from some of the sessions, all of which were excellent. Read more >>

Comments due June 24 on exposure drafts for fair value quality initiative

The ASA, AICPA, and RICS have issued two exposure drafts for public comment that relate to the ongoing initiative to improve the quality of financial reporting valuations for U.S. publicly traded companies. Comments are due June 24. Read more >>

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