Forensic and Valuation Services
The Forensic and Valuation Services Center provides finance professionals with a vast array of resources, tools and information about forensic accounting and business valuation services in one convenient location. The FVS Center also provides special member benefits to FVS Section and CFF and ABV credential holders.
The AICPA’s Financial Reporting Executive Committee has issued an early working draft of Inventory Valuation guidance, which is part of a broader forthcoming release of the AICPA’s Business Combinations Accounting and Valuation Guide. This working draft provides nonauthoritative guidance and illustrations for preparers of financial statements, independent auditors, and valuation specialists regarding how to estimate the fair value of inventory acquired in a business combination in accordance FASB ASC 820, Fair Value Measurement.
Tax reform has lasting implications for all CPAs and introduces some uncertainty for financial forensics and business valuation. Continue reading this AICPA Insights post, to learn how tax reform affects you.
The Forensic and Valuation Services Executive Committee (FVSEC) has developed a new standard for engagements of forensic services that will apply to all AICPA members and member firms.
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About the Center
The FVS Center is committed to supporting members by providing opportunities and resources that promote professional growth and practice development. We welcome your feedback on ways we can make the center more useful and valuable for you.
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Have questions about technical issues, obtaining the CFF or ABV credentials, benefits of FVS membership, or even navigating the FVS web site? Contact us.