The recent issuance of the Mandatory Performance Framework highlights the issues as to the use of underlying data by a valuation professional in measuring fair value. In this session, Mark will discuss the proper use of information and assumptions that are inherent part of fair value measurements by a valuation professional and how proper use assists in the audit process.
- How to properly implement the Mandatory Performance Framework in valuations for financial reporting
- The valuation professionals responsibility as to use of management's prospective financial information and other data
- How to make your work product easier to audit