The AICPA issued working drafts of two new case studies that will be added to its new accounting and valuation guide, Valuation of Portfolio Company Investments of Venture Capital and Private Equity Funds and Other Investment Companies.
Forensic and valuation services
A proposed standard by the AICPA Forensic and Valuation Services Committee would classify forensic services engagements as being performed for the purpose of either “litigation” or “investigation.”
The AICPA Financial Reporting Executive Committee (FinREC) published a working draft on inventory valuation and is seeking comments on the draft.
Members of AICPA’s governing Council voted down a motion on Sunday that would have suspended and opened additional study of expanded eligibility for the Accredited in Business Valuation (ABV) credential.
A guide under development will assist with estimates.
Part 2 of the JofA technology roundtable explores the skills needed to meet clients’ demand for insights on expanding amounts of business information.
The working draft of an Accounting and Valuation Guide issued by the AICPA provides guidance on the accounting for and valuation of portfolio company investments of venture capital and private-equity funds and other investment companies.
This article explains how CPAs can find round numbers in large data sets and when those numbers should raise concerns about possible fraud.
The program provides a new pathway to obtaining the Certified in Financial Forensics (CFF) credential.
Twenty young CPAs were recognized under the Forensic and Valuation Services (FVS) Standing Ovation program for significant contributions in their accounting specialty areas and in their communities.
The AICPA's FVS Section recognized two members as Volunteers of the Year.
The subjective nature of fair value measurements makes them a challenge for auditors. These tips—and a new framework for use by valuation professionals—can make the job easier.
A valuation credential foundation is set.
New guidance aims for clarity, consistency and transparency and will also lay the foundation for a new AICPA credential, Certified in Valuation of Financial Instruments (CVFI).
Jim Koerber, CPA/ABV/CFF, a shareholder with The Koerber Company PA, a valuation and litigation services firm in Hattiesburg, Miss., is passionate about a job that requires integrity and transparency.
The 2017 AICPA Fair Value Measurements Workshop, which was held in March, included for the first time training on the new performance framework for the Certified in Entity and Intangible Valuations (CEIV) credential.
Unmanned flying devices have the potential to bring new ways of doing business to accounting firms.
International efforts to deter financial crime rely on CPAs to be vigilant and perform critical roles.
Charles L. McGimsey and Daniel J. Whelan received the JofA's Lawler Award for the best article of 2015.
This article provides guidance on avoiding hazards that can derail the sale of a CPA firm and jeopardize the financial future of the firm and its owners.