Raymond Rath, Managing Director from Globalview Advisors, had his article published in the San Diego Chapter of Financial Executives International (SD-FEI) Summer of 2017 Newsletter Issue titled Expanded Valuation Requirements for Financial Reporting”. Financial Executives International (FEI) is the leading advocate for the views of corporate financial management. FEI has over 10,000 member holding policy-making positions as chief financial officers, treasurers and controllers at public and private companies.

The article provides an overview of current efforts to advance valuation quality. The Mandatory Performance Framework (“MPF”) and Application of the Mandatory Performance Framework (“AMPF”) documents were released by the Corporate and Intangibles Valuation Organization, LLC (“CIVO”) in January 2017 to provide enhanced guidance to appraisers performing valuations for financial reporting purposes. The MPF and AMPF provide guidance including minimum performance standards and documentation requirements for certain financial reporting valuation projects. In mid-2017, the Certified in Entity and Intangible Valuations designation was made available to qualified business appraisers. The CEIV™ credential includes education, experience, testing, continued professional education, peer review and other requirements to help insure quality valuations are performed. The CEIV credential provides users of valuation services additional assurance regarding the competence of valuation professionals performing financial reporting valuation.

For further information, please contact Michael Haghighat, ASA at +1 (949) 475-2801 or mhaghighat@globalviewadvisors.com or Raymond Rath, ASA, CEIV, CFA at +1 (949) 475-2808 or rrath@globalviewadvisors.com.