Companies can expect to see some shifting in how valuation specialists produce and document valuations underpinning financial statement assertions as the profession adapts to increasing demands for consistency. Gary Roland, Duff & Phelps Managing Director, discusses how he expects auditors to look for the CEIV (Certified in Entity and Intangible Valuations) credential on valuation work that is relied on for financial statement assertions.
Read further on how valuation professionals are starting to steer toward new standards and new expectations for how they arrive at their conclusions and how they present their findings.