In this podcast episode, Yelena Mishkevich, technical manager with the AICPA accounting standards team, will discuss the recently released working draft of the revised practice aid entitled Valuation of Privately-Held-Company Equity Securities Issued as Compensation, also known as the Cheap Stock practice aid. This is an update of the practice aid which was originally issued in April of 2004. The revised practice aid addresses many new accounting and valuation issues that have emerged over the years. Comments on the working draft are accepted until May 31, 2011.
AICPA Fair Value Measurement and Reporting Conference to Address Issues Surrounding Fair Value and Business Valuation In response to the issues surrounding fair value measurements, the AICPA is holding its third annual conference devoted solely to the issue of fair value measurements. This year’s AICPA Fair Value Measurement and Reporting Conference will take place on June 6th and 7th at the Aria Resort and Casino in Las Vegas, and will provide a great opportunity for not only financial statement preparers, but auditors and valuation specialists to learn the latest and the best practices in fair value measurements. Listen as Tony Aaron spends a few minutes discussing the current state of fair value for financial reporting and provides details on this year’s Fair Value Conference.
Join us in the first podcast of the new year as we introduce the newly appointed Chairs, Tom Burrage -AICPA FVS Executive Committee; Bob Gray - AICPA Forensic & Litigation Services Committee; and Carol Carden - AICPA Business Valuations Committee, as well as new committee appointees for 2011. Tom, Bob, and Carol also highlight the objectives of their respective committees and share what is upcoming in 2011.
In this podcast, Stacy Collins, Chair of the FLS Family Law Task Force, discusses the upcoming Expert Witness Skills Workshop, an interactive five day program from October 11-15, 2010 at the Georgetown Hotel & Conference Center, Washington, D.C. This workshop was developed for those financial experts who want to develop and enhance their skills as an expert witness or as a testifying or consulting expert in litigation. Participation is limited to the first 24 registrants. Visit aicpa.org/fvs for more information.
In this installment of the FVS Podcast Series, Eddy Parker, Technical Manager of the AICPA’s Forensic & Valuation Services Section, is joined by Randie Dial, member of the AICPA’s Business Valuations Committee, to discuss the differences between a calculation and conclusion of value in accordance with AICPA’s Statement on Standards for Valuation Services No. 1 (SSVS1). They will cover why SSVS1 is such an important topic in today’s environment, what procedures may or may not be limited in a calculation, the reporting differences between a conclusion of value and a calculation of value, and more. Listen as Eddy Parker highlights resources currently available to professionals performing these valuation services.
Ron Seigneur returns in this podcast to discuss why risk management is of extra importance in today’s economic environment. He begins the podcast by identifying the key areas of risk and why he feels the BV industry is seeing an increased incidence of malpractice exposure. He will touch on client and matter screening issues, engagement letters and related contractual issues, and billings and collections tactics and strategies. Take advantage of this valuable information and listen today!
Fair value measurements are one of the preeminent issues in financial reporting today. In response to the issues surrounding fair value measurements, the AICPA is holding its second conference devoted solely to the issue of fair value measurements. The AICPA Fair Value Measurement and Reporting Conference will be held June 9-11, 2010 at the Westin Chicago River North in Chicago, Illinois. Listen as Mark Zyla discusses the impact of fair value on business valuation and provides details about next month’s Fair Value Conference.
In this podcast, Ron Seigneur of Seigneur Gustafson in Lakewood, CO, joins us to discuss why he believes business development tactics are relevant in today’s environment. As business valuation continues to be one of the fastest growing niche areas, BV firms require more attention to marketing and positioning now than ever. Ron will highlight how developing a BV practice is different from a traditional practice as well as emphasize the importance of branding. Listen in for hints on what has helped him run a successful practice and take note of some valuable resources he recommends and utilizes on a daily basis.
The AICPA FVS Member Section continues its podcast series of Chair messages this month as Robin Taylor (Chair of the BV Committee) and Jim Lloyd (Chair of the ABV Credential Committee) highlight current AICPA initiatives, provide details about educational opportunities for valuation professionals, and reveal results of 2009’s ABV Exam. Tune in to hear details about this year’s National Business Valuation Conference in Washington, DC.
In this month’s FVS podcast, CFF Credential Committee Chair, Michael Ueltzen, and FLS Committee Chair, Patrice Schiano, discuss new educational opportunities, details regarding the impending Certified in Financial Forensics (CFF) Exam and new resources available to FVS Section members. Join us this month for a brief update on what’s going on in the AICPA’s Forensic and Valuation Services (FVS) Section.