Description
Focuses on the scope of work and extent of documentation that professionals should apply to their valuations of financial instruments under the FIPF.
Objectives
- Recall the purpose, primary goal, and scope of the framework.
- Identify the primary benefits to valuation professionals and third parties.
- Recall the documentation requirements for fair value engagements.
- Identify the components of professional competence and professional skepticism.
- Identify the basic information required in a valuation report to comply with the framework.
Highlights
- Purpose of the Financial Instruments Performance Framework (FIPF)
- Benefits of the FIPF
- Scope of work and documentation under FIPF