Auditors of fair value now eligible for ABV credential


Auditors of fair value for financial reporting are eligible for the AICPA Accredited in Business Valuation (ABV) credential as a result of a recent revision.

The AICPA Forensic & Valuation Services (FVS) Section recently changed the experience requirement section of the ABV credential application kit to make the credential available to those auditors.

To qualify, auditors must perform tasks consisting of:

  • Recalculation of discount rates.
  • Capitalization rates.
  • Verification of models on calculations of value using professional judgment.


More information on the ABV credential is available at the AICPA’s website. Questions can be emailed to abv@aicpa.org.

SPONSORED REPORT

Tax reform changes are now in effect

With all the recent tax law changes, this year it’s more important than ever to make sure your clients’ tax situations are squared away before year end. This report provides necessary guidance to ensure 2019 starts without a hitch.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.