BV527 Financial Reporting Valuation Guidance - Key Insights for All BV Practitioners

Webinar Description

Beginning around 2001, U.S. and international accounting requirements dramatically expanded the use of fair value concepts in the preparation of financial statements. The SEC, PCAOB and other interested parties observed divergence in valuation practice which raised questions on the reliability of financial statements with significant fair value estimates. Numerous guides were developed to enhance valuation practice. While these guides were prepared specifically for fair value estimates for financial reporting, significant components of the guides have useful insights for BV practitioners performing, tax, litigation and other valuation. This presentation provides an overview of the various guides and detail insights on information of interest to all BV, appraisers. 

Learning Outcomes

Upon webinar completion, the participant will be able to:

• Obtain an overview of Organizations Preparing Valuation Guides;
• Understand Process for Developing Guides / Practice Aids;  
• Understand Guides Relevant to Different Types of Valuations; and  
• Attain an overview of Key Information from Each Guide Relevant to General Business Appraisers.

Webinar Audience

All business valuation practitioners will benefit from this webinar.  Our focus will be on key elements of the financial reporting guidance that are relevant to finance and valuation professionals that do not perform valuations for financial reporting. Users of business valuations will also benefit from insights gained through this webinar

Instructor Information

Raymond D. Rath, FASA | Baker Tilly US, LLP 

Raymond D. Rath is managing director at Baker Tilly US, LLP. He has over 40 years of experience in business valuation, specializing in enterprises and intangible assets. Mr. Rath has been a designated member of ASA for 38 years, and an active volunteer with numerous leadership positions, including most notably serving as Vice President of ASA International Board of Examiners, Treasurer of the ASA Business Valuation Discipline Committee, and as ASA’s Los Angeles Chapter Committee President. He was conferred the designation of Fellow (FASA) – the highest honor ASA bestows for his contributions to ASA and the appraisal profession. 

Continuing Education

Review of this session recording will award 2 CE hour(s). 

CPE credit is not awarded for this pre-recorded offering.