Marianna Todorova



Managing Director

Marianna Todorova is a managing director in the Office of Professional Practice (OPP). As a member of OPP, Marianna provides technical interpretations and guidance on valuation issues in the context of financial reporting, assists in the implementation of best practices and quality control assessment, and engages in interactions with standard setters, regulators, public accounting firms and professional/industry associations, with the objective of supporting client facing efforts throughout the firm.

Prior to joining OPP, Marianna served as a Valuation Fellow at the Financial Accounting Standards Board (FASB) for two years. During that time, she worked on the development of FASB Statement No. 157, Fair Value Measurements (codified in ASC Topic 820), FASB Statement No. 141(R), Business Combinations codified in ASC Topic 805) and other projects. In her role, Marianna helped bring a valuation perspective to various FASB projects and acted as a liaison between FASB and outside valuation experts.

Marianna’s experience also includes valuations of businesses; business interests; and intangible assets, including trademarks, technology, patents, software, license agreements, non-compete agreements, customer relationships, with a particular focus on the consumer products, retail, information and publishing industries.

Marianna joined Kroll (formerly Duff & Phelps) in conjunction with the merger of Standard & Poor’s Corporate Value Consulting (CVC) with Duff & Phelps. Prior to the acquisition of CVC by Standard & Poor’s, she was with the Lender Services practice of PricewaterhouseCoopers LLP, and with the Auditing and Business Advisory Services practice of Coopers & Lybrand LLP.

Marianna is a former Vice-Chair and a former board member of the Professional Board of the International Valuation Standards Council (IVSC), and was a working group member of the Fair Value Quality Initiative in the U.S., which culminated with the launch of the Certified in Entity and Intangible Valuations (CEIV) credential.

Marianna received her BS in Economics from The Wharton School of the University of Pennsylvania with a triple concentration in finance, accounting and multinational management. She is a CPA (inactive) and a member of the AICPA. She is a CFA charter holder and a member of the CFA Institute, and has a CEIV credential.



Valuation of businesses, assets and alternative investments for financial reporting, tax and other purposes.