Fair Value Measurement Performance Frameworks

The Certified in Entity and Intangible ValuationsTM (CEIVTM) Mandatory Performance Framework and the Certified in the Valuation of Financial InstrumentsTM (CVFITM) Financial Instruments Performance Framework are practical non-authoritative frameworks that define the level of documentation and performance that is necessary to provide supportable and auditable fair value measurements.

CEIV and CVFI credential holders are required to comply with these frameworks to ensure confidence in the consistency and transparency in their work, all to the benefit of the public interest. When a valuation falls within the scope of either framework, the valuation professional who has both credentials may follow the framework most appropriate for the engagement. Broader adoption is encouraged.

Certified in Entity and Intangible Valuations (CEIV)

CEIV Mandatory Performance Framework

  • Section 1: Preamble 
  • Section 2: Evaluation Engagement Guidance 
  • Section 3: Mandatory Performance Framework Glossary
  • Section 4: Authoritative and Technical Guidance

Application of the Mandatory Performance Framework

  • Section A1: General Valuation Guidance
  • Section A2: Business Valuation Guidance
  • Section A3: Valuation of Assets and Liabilities Guidance

The Application of the Mandatory Performance Framework will continue to evolve and expand to cover a broader spectrum of subject matter topics and professional practice trends in the valuation profession.

 

Certified in the Valuation of Financial Instruments (CVFI)

CVFI Financial Instruments Performance Framework

  • Section 1: Preamble 
  • Section 2: Valuation Engagement Guidance 
  • Section 3: Financial Instruments Performance Framework Glossary
  • Section 4: Authoritative and Technical Guidance