The American Institute of CPAs has unveiled an exposure draft of a new framework to help CPAs and other financial professionals perform valuations of financial instruments such as derivatives, along with their underlying components.
The Public Company Accounting Oversight Board’s recently proposed rules on auditing accounting estimates and using the work of specialists indicate the PCAOB wants auditors to view management bias more skeptically.
Senior vice presidentValuation Research Corporation
As startups stay private for longer periods of time under the support of multiple equity financings spanning several years, their common stock valuation history is likely to come under greater scrutiny in the event a public offering is pursued.
American Institute of CPAs teams up with the American Society of Appraisers and the Royal Institution of Chartered Surveyors on a new designation for financial professionals who provide fair value measurement services.