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Statement on Standards for Forensic Services (SSFS1) is being finalized for publication following the exposure period which concluded at the end of February. The effective date has been moved to January 1, 2020 to allow sufficient time for final publication and adoption. As noted within the body of the Statement, early adoption is permitted. The Statement is expected to be published by June 1, 2019.A special thank you to everyone who submitted comments on the exposure draft.
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MPF FAQ Blurb
Economic Damages Update
In order to survive a challenge to the admissibility of an expert opinion, finance professionals who provide expert witness services need to be familiar with the methodologies and approaches typically employed in the analysis and quantification of economic damages. Join us May 14, 1-4pm ET, as the AICPA FLS Damages Task Force presents an Economic Damages Update webcast. It’s free for FVS Section members and ABV® and CFF® credential holders.
Top soft skills needed in business valuation
If you’re a young professional just entering the business valuation field and want to learn key soft skills needed to help you successfully perform valuations, read this post by Shaun Maloney, CPA/ABV/CEIV/CFF/CGMA, a member of the AICPA ABV Credential Committee.
Have you utilized your MergerShark benefit?
MergerShark is a business valuation database with more than 15,000 transactions, including multiples for your market approach, discounted cash flow data for your income valuation approach, valuation discounts and more. Recently, MergerShark started adding source information to all new and historic transactions for easy reference. Watch this demo and learn more.
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| Video Spotlight |
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How success relies on workplace culture
In a profession with high turnover, a positive workplace culture can lead to good employee retention and ultimately a great client experience, says Wesley Middleton, CPA, managing partner (Houston) for Baker Tilly in this short video.
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