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With valuation standards issued by AICPA, NACVA, ASA, and USPAP 2020-2021, it is easy to see how complying can be complex. Join Scott Saltzman to obtain a better understanding of the valuation standards that are applicable to you and those that may be applicable to an opposing expert. Any engagement can turn into a litigation matter so making sure you are crafting a complete compliant and competent report in accordance with your professional standards is important. Earn continuing education credits for ethics, and take away practical tips that will help you avoid violating business valuation standards.
Program Agenda
General understanding of the various business valuation standards that exist
Some are rules based and others are principle based – why?
SSVS impacted by new Statement on Standards for Forensic Services No. 1
Areas of deficiency within valuations or the valuation engagement that violate valuation standards
Will address the “Jurisdiction Exception”
Will address the “litigation exception” in some standards with regard to report writing
Discuss the various types of reports that can be issued based on the various valuation standards
Underlying common professional standards that are requirements in preparing a valuation
Documentation retention rules
Learn more about appraisal review standards
Engagement management while meeting standards
Learning Objectives
Gain a better understanding of the valuation standards you need to follow as well as opposing experts
Learn various ways not to “accidentally” violate the professional standards
Obtain a general understanding about appraisal reviews
Better understand the pros and cons of the use of various types of valuation reports
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