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A lot has happened recently in the area of ethics and standards relating to business valuation practice. The new version of USPAP for 2016-2017 has been adopted. The AICPA has codified its ethics standards to follow FASB’s codification of its literature. Similarly, AICPA also codified its valuation standard, SSVS #1, (now VS100). NACVA has put out a revision to its valuation standard for member voting on report reviews that will likely be adopted. And there are other changes, rules adoptions, etc. that can impact the business valuation professionals. Join Mike Crain and Jim Alerding as they discuss some of these changes and their potential impact on business valuation practitioners.
Program Agenda
Explain the meaning of AICPA's codification of its ethics guidelines and updates of SSVS
Outline new changes to USPAP affecting business valuation practitioners
Discuss the new draft of NACVA's valuation standard
Describe some cases and other guidance that may affect valuation practitioners
Learning Objectives
Learn what AICPA’s ethics and SSVS codifications mean to the business valuation professional
Learn some of the aspects of the AICPA ethics standard that will impact the business valuation professional
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