Mandatory Performance Framework for the CEIV Credential

Certified in Entity and Intangible Valuations (CEIV TM) credential holders will be required to comply with the Mandatory Performance Framework, ensuring confidence in the consistency and transparency in their work, all to the benefit of the public interest.

The Mandatory Performance Framework is a practical non-authoritative framework that defines the level of documentation and performance that is necessary to provide supportable and auditable fair value measurements . By design, the Framework and the Application sections of the Framework do not provide illustrative examples that might otherwise be interpreted as requirements for “how to” perform a valuation. Instead, the purpose of the Framework is to provide valuation professionals with guidance on “how much” documentation is required when performing fair value measurements for financial reporting purposes.